THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
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TCO

Propane may be a viable option for certain fleets looking for an alternative fuel source. While converting a vehicle to a propane system comes with a high initial cost, the system may come with reduced lifecycle costs over the course of that vehicle's life.

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What's Impacting Truck Replacement?

Big Data, tax law changes, new vehicle options, fuel prices, and more, are impacting fleets decisions about when to replace their trucks.

How Fleets Are Reducing Fuel Spend

Fleets continue to use tried and true methods to curb fuel spend, but as technologies evolve and new trends arise, staying on top of new developments in the industry becomes essential as well.

AFLA Makes Big Data Forum Available Online

The Automotive Fleet & Leasing Association (AFLA) has released recordings of its Forum on Big Data, which addressed topics surrounding big data that touched on driver safety, operational efficiencies, and total cost of ownership.

Vincentric Names Best Fleet Values for 2019

Vincentric has identified the 2019 vehicles that provide the best value for fleets to own over a three-year time period. The list includes Nissan and Infiniti with 11 awards and Kia with seven.

Depreciation Costs Decline, Now 32.9% of TCO

Vehicle depreciation accounted for 32.9% of the total cost of ownership over the past 12 months, which continues a three-year trend of declining depreciation costs, according to a new study from Motus.

10 Trends: Vocational Work Trucks Cost of Ownership

Total cost of ownership for vocational truck fleets is trending upward, primarily due to higher fuel prices, increased maintenance costs due to higher labor rates and parts prices, and commodity-driven increases in tire prices.

TCO Is Not a Static Number

A vehicle’s total cost of ownership is comprised of its fixed costs, operating expenses, and depreciation per year or during the course of its service life, minus its anticipated resale value. During the course of a vehicle’s service life, TCO is subject to change due to a vehicle’s age and numerous external factors, which has a direct bearing on replacement policies.