An accurate total cost of ownership (TCO) calculation is the bedrock strategy of the most successful fleet operations. The accuracy of this calculation will maximize a vehicle’s residual value and it’s return on investment.
There are several factors that fleet managers need to consider when making TCO calculations in anticipation of resale, including:
- Measuring fixed costs.
- Factoring personal use costs.
Most of all, you’ll need to do your homework before purchasing a vehicle.
To learn how to factor TCO for maximize your resale values, download this whitepaper today.
By the editors of Vehicle Remarketing Reporter