The jury is still out on total cost of ownership (TCO) for the 2015 F-150; however, fleet owners should not expect a high cost-to-own increase from the 2014 to 2015 F-150 models, according to an analysis from Vincentric.
Vincentric analyzed the ownership costs over three years and 60,000 miles for the regular cab, extended cab and crew cab models in rear-wheel drive at the XL trim level.
What they found was that fleets who own the F-150 XL extended cab and crew cab models should realize a cost savings over the 2014 model. Although owners of the regular cab truck may experience a slight increase in cost of ownership, the projected increase over the three years and 60,000 miles should be negligible.
While insignificant, the cost factors that have increased between models include fees and taxes, finance, insurance, repairs and maintenance.
Buyers of the 2015 F-150 will see a reduction in fuel costs based on improved fuel economy and reduced vehicle weight, according to Vincentric.
Originally posted on Automotive Fleet