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