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Total Cost of Ownership

Vincentric: ProMaster Van Leads TCO Among Diesels

The diesel-powered Chrysler ProMaster full-size van was the only non-luxury diesel expected to deliver a lower total cost of ownership than its gasoline counterpart in a Vincentric study that evaluated 35 diesels.

Minnesota Law Paves Way for Alt-Fuel Vehicles

Minnesota's Gov. Mark Dayton has signed into law a bill making it easier for the state's fleet manager to purchase alternative-fuel vehicles by allowing purchasing decisions based on total operating costs rather than initial cost.

Total Fleet Cost is Proportional to Fleet Size

Every fleet manager is feeling the pressure to reduce costs. The best place to have maximum impact is to reduce overall fleet size and/or modify vehicle composition. A fleet's total cost is directly proportional to the total number of vehicles in operation, which drives all fixed and operating costs, such as fuel, replacement tire expenses, depreciation, accident repair costs, etc. If you can reduce overall fleet size, all other cost categories will decrease correspondingly.