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According to Vincentric, fleet cost per mile for most vehicle categories decreased slightly in the third quarter, while the Pickup and SUV categories remained the same.
Read More →Increases in financing costs and interest rates drove vehicle ownership expenses higher in the second quarter of 2023, with costs accelerating over the first quarter.
Read More →After a few months of moderation, fleet ownership costs are rising in the pickup and SUV segments.
Read More →Vincentric’s analysis of ownership data found that 14 of 27 EVs had lower total cost of ownership over five years than their gasoline counterparts.
Read More →Electric vehicles can save on fleet maintenance over ICE vehicles. But the electronic complexities of EVs need to be considered when formulating an EV fleet maintenance program.
Read More →Running a simulation that inputs fleets’ vehicle types, routes, and duty cycles can show which ICE vehicles are better candidates for electrification.
Read More →With the battery comprising up to 40% of the cost of an electric vehicle, making sure the battery is healthy — and being able to measure and communicate that health — are important considerations for secondary EV buyers.
Read More →In 2022, fleets were hit with a trifecta of rising transaction costs, lowered wholesale costs, and fluctuating fuel prices.
Read More →EVs in nearly every segment and European country are now the same price or cheaper on a total cost of ownership basis than gas or diesel cars, despite rising prices for fuel and electricity.
Read More →At the National Association of Fleet Administrators conference in April, LeasePlan USA's Jon Stafford made it clear how he regards total cost of ownership (TCO) as a tool to help manage his fleet, his people, and his company – he doesn’t. Because TCO is dead.
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