Fleet total cost of ownership
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
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 […]
