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Articlesby Lexi TuckerNovember 9, 2023

When Switching from Leasing to Purchasing is More Effective

For one municipal fleet, choosing purchasing over leasing was a smart, money-saving move.

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Newsby Staff WriterJune 24, 2022

Virginia Law Could Start Path to Electrification for State Fleet

The law would ask the Department of General Services to consider a light-duty vehicle's lifetime costs, rather than its sticker price, before purchasing or leasing.

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NewsMay 2, 2022

Tool Enables Vehicle TCO Cost Comparisons

A vehicle research tool on Bobit fleet websites allows fleet managers to search and compare vehicle lifecycle costs and fleet incentives.

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Newsby Staff WriterJuly 7, 2021

Report: EVs Cost Less to Maintain

The estimated scheduled maintenance cost for a light-duty battery-electric vehicle is substantially lower than that of a conventional internal combustion engine vehicle, according to a new report by the Argonne National Laboratory.

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ArticlesFebruary 12, 2020

Measuring (and Minimizing) EV Total Cost of Ownership

Total cost of ownership for electric vehicles (EVs) depend on up-front costs, maintenance and fuel costs, and resale value. Here’s what to consider when calculating TCO.

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NewsFebruary 14, 2017

CASE Launches TCO Calculator

CASE Construction Equipment has launched an all-new Total Cost of Ownership (TCO) Calculator that provides both prospective buyers and current equipment owners insight into lifetime ownership costs.

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NewsJune 17, 2014

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.

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NewsMay 1, 2014

New Parking Enforcement Cars Will Save Calif. City $310K

A switch to a new hybrid parking enforcement vehicle is expected to save the City of Sacramento, Calif., $309,904 over the 10-year lifecycle of the vehicles.

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NewsMarch 22, 2013

Alabama's Governor Signs Order Creating State Office of Fleet Management

Alabama’s Governor Robert J. Bentley signed an executive order in March that establishes an Office of Fleet Management, and a fleet manager position, within the Alabama Department of Transportation.

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NewsSeptember 10, 2012

Vincentric Analysis Reveals 11 Cost-Effective Hybrid Models

BINGHAM FARMS, MI – Vincentric, a compiler of automotive cost-of-ownership data, announced its 2012 Hybrid Analysis, in which 11 of 25 hybrid vehicles were identified as having a lower total cost-of-ownership than their all-gasoline counterparts.

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