Total Cost of Ownership
Understand the true cost of running your fleet.
Make data-driven decisions about asset acquisition and replacement
Knowing when to cycle your assets is one of the most difficult aspects of managing a fleet. Understanding the total cost of ownership for each of your fleet vehicles enables you to unite your industry experience with up-to-date numbers to make more informed choices.
- Create custom reports
Easily investigate your most pressing questions concerning total spend and relative costs of different vehicle groups and types.
- See real time cost-per-meter (mile/kilometer/hour) information
Know the cost efficiency of each asset at any point in time and compare monthly trends to determine the best time to cycle a vehicle.
- Optimize vehicle cycling based on individual asset trends
No vehicle is the same, so why would your replacement policies be? Fleetio helps you track the cost of each vehicle in real time so you can properly respond to changing market conditions and unpredictable wear and tear.
Control expenses with insight into your total spend for each of your assets
Track any expense, from depreciation to fuel spend. Easily identify where you're spending too much and gain insight to where you can reduce costs and create efficiencies.