Evaluate strategic decisions with NTEA’s Vehicle Life Cycle Cost Tool

Designed to be flexible and user-friendly to accommodate a variety of truck life cycle analysis needs and different fleet structures, NTEA’s cloud-based Vehicle Life Cycle Cost Tool enables fleets, engineers and sales representatives to load differing depreciation methodologies (such as straight-line, accelerated and pool depreciation techniques), fuel types and regional fuel prices to fit the necessary truck or fleet analysis.

This session overviewed the resource, covers how users can incorporate the impact of income taxes into business decisions (where appropriate), and performs what-if scenarios. Depending on needs, the template can support single-vehicle comparison decisions, vehicle class analysis and whole fleet calculations. Survant explained how it can also act as a forecast tool when paired with a price sensitivity analysis — often necessary when dealing with volatile fuel price scenarios.

Vehicle Life Cycle Cost Tool access is free to NTEA members (member login required) and not available for public purchase.

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