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The law would ask the Department of General Services to consider a light-duty vehicle's lifetime costs, rather than its sticker price, before purchasing or leasing.
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A vehicle research tool on Bobit fleet websites allows fleet managers to search and compare vehicle lifecycle costs and fleet incentives.
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CASE Construction Equipment has launched an all-new Total Cost of Ownership (TCO) Calculator that provides both prospective buyers and current equipment owners insight into lifetime ownership costs.
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A switch to a new hybrid parking enforcement vehicle is expected to save the City of Sacramento, Calif., $309,904 over the 10-year lifecycle of the vehicles.
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