Fleet 101-TCO & Vehicle Selection

Video Transcription

Video Summary

In a Fleet 101 series, Mike Chemnutter discusses vehicle selection and total cost of ownership (TCO). Key considerations include ensuring the vehicle meets job requirements, evaluating acquisition cost versus resale value, fuel efficiency, maintenance costs, and the impact of vehicle features. He emphasizes the importance of using multiple information sources for TCO calculations and making well-documented assumptions. Additionally, Mike advises networking with industry peers to share insights and experiences. He highlights the complexity of fleet management and the importance of education to help navigate decision-making processes for optimal TCO outcomes.

Keywords

vehicle selection

total cost of ownership

fleet management

fuel efficiency

networking