MANAGING 10-50 COMPANY VEHICLES
Kelley Blue Book will deliver a comprehensive overview of the electric vehicle market, while Vincentric will present total cost of ownership (TCO) data for available electric models.
Midsize pickups are providing financial appeal with their lower acquisition cost, more favorable fuel consumption, and maintenance costs that won't break fleet budgets.
Multinational corporations are changing the way they source and manage their vocational fleets to better identify true costs and to leverage opportunities to reduce spend and to maximize the operating efficiency of these specialized vehicles.
Vincentric has identified the 2019 vehicles that provide the best value for fleets to own over a three-year time period. The list includes Nissan and Infiniti with 11 awards and Kia with seven.
A vehicle’s total cost of ownership is comprised of its fixed costs, operating expenses, and depreciation per year or during the course of its service life, minus its anticipated resale value. During the course of a vehicle’s service life, TCO is subject to change due to a vehicle’s age and numerous external factors, which has a direct bearing on replacement policies.
An industry is forming, and it needs help with fleet. In the meantime, the fleet industry should know that these new businesses are navigating extraordinary circumstances, which is forcing them to be better fleet operators pretty darn quick.
Ford and Toyota had the most models named as having the best certified pre-owned value among 37 segments by Vincentric, the vehicle valuation firm announced.
The procurement function of researching, negotiating contracts, and purchasing fleet vehicles must harmonize with the management of those assets, so the corporation can achieve the most efficient and best utilization of a fleet’s vehicle lifecycle.
To understand those challenges firsthand, LeasePlan’s global employee fleet intends to go fully electric by 2021.
Diesel-powered cargo vans are providing fleet buyers with a lower total cost of ownership than gasoline models, while many diesel-powered trucks aren't recouping the higher acquisition cost, according to a Vincentric analysis.