Vehicle Life Cycle Cost Tool

NTEA's Vehicle Life Cycle Cost Tool enables fleets, engineers, and sales professionals to evaluate total cost of ownership using various depreciation strategies, fuel cost forecasts, and income tax scenarios. Supports single-vehicle and fleet-wide analyses.
Vehicle Life Cycle Cost Tool

Overview

The Vehicle Life Cycle Cost Tool is a cloud-based application developed by NTEA to support strategic vehicle cost analysis. It is designed to help fleets, engineers, and sales teams evaluate total cost of ownership (TCO) for single vehicles or entire fleets. The tool supports a wide range of life cycle modeling scenarios, including tax implications, depreciation strategies, and fuel pricing forecasts.

Key features

  • Supports straight-line, accelerated, and pool depreciation methods
  • Inputs for fuel type and regional fuel prices
  • Includes income tax considerations for total cost evaluations
  • Enables what-if scenarios
  • Can act as a forecasting tool when paired with a price sensitivity analysis
  • Applicable to:
    • Single vehicle comparisons
    • Vehicle class benchmarking
    • Fleet-wide forecasting and replacement planning

Access details

  • Availability: Free to NTEA members (not available for public purchase)
  • Login required: Members must login with their NTEA credentials

How to get started

  1. If you're an NTEA member, login to ntea.com with your member credentials or create an account if you haven't already.
  2. Not sure if you're a member? Check your status or join online today.
  3. Access the Vehicle Life Cycle Cost Tool once logged in with your member credentials.
  4. Need assistance? Contact NTEA at info@ntea.com or 248-489-7090.