White Papers
Tracking Fleet Total Cost Of Ownership
On behalf of Fleetio and Coast, Bobit Business Media surveyed 190 fleet professionals to uncover how fleets are tracking and managing total cost of ownership (TCO). The findings reveal where gaps in cost visibility remain and how more connected fleet data can help teams better understand costs and make more informed decisions.
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See where fleet cost visibility breaks down
63% of fleets track TC, but tracking is often partial, periodic and spread thin across multiple systems
41% rely on manual processes to track TCO, making spreadsheets the most commonly cited method
44% say indirect and soft costs like downtime and productivity loss are the hardest costs to capture accurately
What's Inside
Turn fleet cost data into better decisions
- See how fleets are tracking TCO today and why fragmented systems can leave important costs out of the equation.
- Learn why 56% of fleets are prioritizing operational efficiency as they look for more immediate, controllable ways to reduce costs.
- Discover why maintenance and repairs are the most unpredictable fleet cost category and how more proactive maintenance can improve cost predictability.
- Find out what's keeping fleets from achieving complete TCO visibility, from disconnected data and analytics gaps to inconsistent processes.
- See why quarterly and annual TCO reviews can make it harder to act on changing costs before they affect your budget.
- Explore how connecting fuel, maintenance, asset and financial data can create a more complete picture of what it costs to operate your fleet.
- Learn where technology, automation and better-connected data can reduce manual reconciliation and turn cost tracking into actionable insight.