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Waiting too long can result in unnecessary wear-and-tear, expense, and lost productivity. Making the decision too soon can result in higher capital expenses and depreciation costs. The key is finding the perfect balance.
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With many options and trim levels to choose from, lifecycle costs vary greatly within the same model.
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More than a third of fleet managers identified driver safety as their top concern in a survey conducted by GE Capital Fleet Services. Driver safety remained the top concern over cost-savings goals and workforce productivity for the second year in a row.
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Truck lifecycles can be calculated to the mile and the dollar. This can help fleets replace vehicles at the optimal moment.
Read More →According to Vincentric, General Motors, Ford, and Toyota achieved the largest number of awards, with GM receiving nine, and Ford and Toyota receiving eight awards each.
Read More →Kelley Blue Book's 5-Year Cost to Own information takes into account depreciation, expected fuel costs, finance and insurance fees, maintenance and repair costs, and state fees for new models.
Read More →There are more hybrid models than ever before, but is the gap shrinking on return on investment for fleets?
Read More →BINGHAM FARMS, MI - The brands with the highest number of winners across the different vehicle categories include General Motors, with nine vehicles, and Toyota, with seven vehicles, according to Vincentric.
Read More →BINGHAM FARMS, MI - Users are able to manipulate dozens of specific variables for each market and each driver, including actual acquisition costs, specific annual mileage, state, finance terms, fuel costs and lifecycle terms for more than 2,000 vehicle configurations from the 2011 and 2012 model years.
Read More →The Vincentric Canadian Database contains cost-of-ownership data on nearly 5,000 Canadian vehicles from the 2011 and 2012 model years, and measures eight cost elements for every vehicle: depreciation, financing, fees and taxes, fuel, insurance, maintenance, opportunity cost and repairs.
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