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Fleet FAQ

Fleet FAQ? Fleet Management & Leasing

Q. What factors need to be taken into account when calculating the lifecycle costs of a vehicle from acquisition through disposal?

A. Total cost of ownership will vary based on the type of vehicle used, application, and operating conditions. Generally speaking, cost of ownership will include origination & lease based costs, fuel, maintenance, depreciation and other services based on actual industry data and customer run rates and evaluated on a cost per mile basis. Consulting a fleet management professional can help determine cost of ownership for your fleet.

Expert Bio

Answered by : Tom Coffey

Vice President

With over 30 years of experience Tom is an expert in both the fleet and equipment leasing industry. As a member of senior leadership he provides not only vision for the company, but also helps delivers best-in-class results across all operating areas. Tom is also instrumental in helping to elevate and advance the Merchant Fleet Management brand.

With over 30 years of experience Tom is an expert in both the fleet and equipment leasing industry. As a member of senior leadership he provides not only vision for the company, but also helps delivers best-in-class results across all operating areas. Tom is also instrumental in helping to elevate and advance the Merchant Fleet Management brand.

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Fleet FAQ? Fleet Management & Leasing, Questions?

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