MANAGING 10-50 COMPANY VEHICLES
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fuel cost

Will Fuel Overtake Depreciation to Become the No.1 Fleet Expense?

The recent breathtaking increase in gasoline and diesel prices gives us a reality check as to how quickly fuel can dramatically increase fleet operating expenses. With fuel prices at a near all-time high and ongoing strong resale values decreasing depreciation costs, will fuel costs overtake depreciation as the No. 1 fleet expense in 2012, as it almost did in 2006?