Wasteful Fuel Practices
The average commercial service truck runs 141,000 miles annually. At 15 MPG and an average fuel cost of $2.50 per gallon, a single vehicle will spend $23,500 on fuel annually. Consider this with 5 vehicles, which is over 100,000 or even 10 vehicles which is closer to 250,000 annually on fuel alone.
Excessive idling can waste a quarter to half gallon of fuel per hour. Leaving trucks running during jobs or during lunch breaks, can really start to impact fuel consumption.
Aggressive driving can lower fuel efficiency by roughly 15% to 30% at highway speeds and 10% to 40% in stop-in-go traffic. Not to mention, aggressive driving can also increase public safety risk as well as increasing risk for an accident (and insurance claims).
MPG decreases 2% for every mile per hour over 55. Every 5 mph driven over 50 mph is like paying an additional $0.19 gallon for fuel.
Residential HVAC firms spend $6,046.00 annually on vehicle maintenance. Commercial firms spend around $7,382.
Unplanned breakdowns cost 3 to 9 times more than planned maintenance.
Vehicle Acquisition Costs
New service vehicles on average cost $30,000. The estimated total cost of ownership for a light duty vehicle runs between $5,000 and $8,000 per vehicle.
The cost of leasing a van with the same purchase price is around $18,000 gallon for fuel.
Now what happens if this vehicle were to get stolen? If there’s nothing equipped to aide in vehicle recovery, like GPS tracking, not only was $30,000 lost, but it could take another $30,000 to replace that vehicle. This isn’t even including equipment and parts that were inside the stolen vehicle, that may also need to be repalced.