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Title Think Beyond The Initial Cost: The Value of Work Truck Total Cost of Ownership
Date Posted 7/9/2020
URL https://www.fleetequipmentmag.com/value-work-truck-total-cost-ownership/
Description When purchasing a new truck, the buyer should consider the total cost of ownership over the life of the asset and not just the initial purchase price. Factors that go in to the total cost of ownership include: regular maintenance and service costs, unplanned downtime and opportunity costs, fuel costs, and life expectancy and end-of-life asset value.

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