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.
New data from the New York City fleet shows that mid-size cars cost 41% more to maintain than a small car, while a large car is 142% more expensive. The city found similar results with SUVs and vans.
Fleets are being impacted by a variety of inflationary pressures ranging from higher acquisition prices due to the proliferation of onboard safety equipment, to increased material costs pushing up pricing on parts, upfits, and replacement tires.
The robust economy is creating record numbers of new jobs and a subsequent labor shortage that is being exacerbated by the large wave of Baby Boomer retirements, but some see uncertainty of future market conditions.
The Douglas County, Nev., Sheriff’s Office has authorized patrol deputies to take home their assigned police vehicles to maximize the effectiveness of the Patrol Division.
DeKalb County (Ga.) has deployed two rapid response vehicles to respond to emergency medical and fire suppression calls for improved response times and lower maintenance and operation costs.
New York City's all-electric vehicles had the lowest recorded maintenance costs for 2018, dramatically less than gasoline, hybrid, or hybrid-plug-in models.
Kern County, Calif., had experienced eight consecutive years of significant cuts to its fleet management budget. Leasing will allow it to save $2 million over five years.
The City of Gary, Ind., is considering changing its city ordinances to allow the money raised from auctioning towed vehicles to go to police vehicle maintenance.
Vincentric has begun offering more in-depth maintenance data as part of its automotive cost-of-ownership database covering more than 45,000 vehicles, the Bingham Farms, Mich.-based data provider has announced.
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