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TCO

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.

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Fleet TCO Continues Upward Trend

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.

How EV Battery Health Factors Into TCO

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.

TCO Is Dead

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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