Fleet total cost of ownership
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As a business in the fleet industry, understanding and managing your fleet’s total cost of ownership (TCO) is crucial for long-term success. Fleet TCO is the total cost of owning and operating a fleet of vehicles over their lifetime, and it includes all expenses associated with the vehicles, such as purchase price, fuel costs, maintenance […]
From TCO to TCM – it’s all about total cost of mobility
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Fleet mobility is changing the face of fleet management. The most common method for analysing fleet cost is Total Cost of Ownership (TCO). This is a robust and known method for calculating the ‘real costs’ of fleet. However, fleets are now switching to TCM, Total Cost of Mobility. Lets do a quick recap of TCO […]