Determining total cost of ownership (TCO) is one of the most complex parts of owning and managing a fleet of vehicles. Regardless of the make or model, a vehicle's TCO can be influenced by a complex variety of factors.
While TCO factors such as acquisition, depreciation, and fuel costs can be tracked with accurate reporting, there are other hidden TCO factors that should be considered in the calculations.
Learn what some of those factors are and how fleet management companies use their expertise knowledge to help accurately determine TCO to benefit your company.
By Enterprise Fleet Management.