2025 Fleet Cost per Mile & TCO: Retail & Manufacturing

Benchmark Snapshot: 2025 at a Glance

According to Fleetio’s 2025 Fleet Benchmark Report:

Metric	Retail & Manufacturing Fleets	Overall Fleet Average
Miles Driven	63,278	33,368
Cost per Mile (CPM)	$0.17	$0.24
Fuel CPM	$0.10	$0.14
Service CPM	$0.04	$0.07
Total Cost per Asset	$8,742.41	$10,168.71

Retail and manufacturing fleets drive nearly twice the mileage of the average fleet — and still spend less per mile and per asset. That’s not luck. It’s the result of tight operations, predictable routes, and proactive service.

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What’s the Total Cost of Ownership for Retail Fleets?

The median total cost of ownership (TCO) for a retail or manufacturing fleet asset in 2025 is $8,742.41, which is 14% lower than the overall fleet average of $10,168.71.

These fleets drive more miles — but do it with consistency and control. Their low fuel and service CPM is a direct result of strong route planning, high utilization, and fewer emergency repairs.

To reduce TCO even further, retail and manufacturing fleets should:

• Use cost-per-mile and TCO data to identify high-cost assets
• Track fuel trends by vehicle and driver
• Stick to PM schedules to prevent unexpected downtime

TCO doesn’t just reflect vehicle performance — it reveals how well your entire fleet strategy is working.

Why Is Retail & Manufacturing CPM So Low?

Retail and manufacturing fleets benefit from consistency and scale. With planned routes, lighter-duty vehicles, and frequent service intervals, they’re able to avoid many of the variables that drive up cost per mile in other industries.

• High mileage spreads fixed costs across more output
• Predictable service intervals minimize surprises
• Standardized assets simplify training and maintenance
• Centralized oversight supports data-driven decisions

This is what operational efficiency looks like at scale — and it’s why this segment leads the pack in 2025.

What’s Driving Up Your CPM or TCO?

Even efficient fleets can run into cost creep. If your CPM is trending above $0.17 or your TCO isn’t improving, it’s worth checking for:

• Assets that are aging out of their efficiency window
• Gaps in preventive maintenance
• Fuel inefficiency caused by idle time or aggressive driving

Fleetio gives you real-time insights into what’s driving costs across every asset and department — so you can act early and keep your numbers where they should be.

How to Lower Your Fleet’s Cost per Mile and TCO

With fleet software for retail and manufacturing, you can:

• Track cost per mile and TCO by vehicle, region, or route
• Automate PM schedules and inspection workflows
• Identify high-cost units using asset-level reporting
• Catch issues early with mobile inspections and alerts

Keep Learning

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