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Truck Vs. Van Report

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Truck Vs. Van Report Truck vs. Van Report This report is the culmination of research and information pulled from many sources, including OEM resources, fleet data, and various articles. The subject of the report is pickup trucks vs. work vans for fleet solutions and examining the value of each. COST SAVINGS Below is a breakdown of the available cost savings when considering pickup trucks rather than work vans. To show a distinct comparison between trucks and vans under the same manufacturer, these graphs examine cost savings, especially Cost Per Mile. Data provided by www.fleet-central.com Capital Investment Fuel Savings Maintenance Acquisition costs: Fuel cost for 60k miles: Maintenance costs: Full size pickup trucks $18,860 Full size pickup trucks $11,633 Full size pickup trucks $1,894 Full size vans $24,124 Full size vans $12,807 Full size vans $2,299 $30,000 $13,000 $2,500 $12,800 $25,000 $12,600 $2,000 $20,000 $12,400 $12,200 $1,500 $15,000 $12,000 $11,800 $1,000 $10,000 $11,600 $500 $5,000 $11,400 $11,200 $0 $11,000 $0 Trucks Vans Trucks Vans Trucks Vans Depreciation Resale Value Cost per Mile Actual depreciation: Fuel cost for 60K miles: Average cost per mile: Full size pickup trucks $8,885 Full size pickup trucks $9,975 Full size pickup trucks $0.37 Full size vans $14,979 Full size vans $9,172 Full size vans $0.50 $16,000 $10,200 $0.60 $14,000 $10,000 $0.50 $12,000 $9,800 $0.40 $10,000 $9,600 $8,000 $9,400 $0.30 $6,000 $9,200 $0.20 $4,000 $9,000 $0.10 $2,000 $8,800 $0 $8,600 $0.00 Trucks Vans Trucks Vans Trucks Vans CAPABILITIES Not only is there monetary value in choosing trucks over vans, there are capability advantages as well. Customization Trucks provide more variety for side and rear accessibility. There are a wide variety of accessories for trucks to completely customize the truck to fit your needs. 4-Wheel Drive Cost Many trucks come standard with 4-wheel drive, while only one van model has this easily available. The cost to add 4-wheel drive to vans is very high. Driver Safety/Separation of Cargo Pickup trucks provide full separation from the cargo for the driver. This is very important for those hauling hazardous or volatile materials. Diesel Engine Availability While diesel engines are readily available for trucks, only one van model has diesel engine availability. VEHICLE SPECIFIC COMPARISON Charts were obtained at www.fleet-central.com F-150 vs. E-150 EPA/MPG Total Fuel Cost Total Maintenance Acquisition Total Actual Cost Per Mile Class Make/Model Average 60K Miles Cost Cost Depreciation Full-Size Ford F150 15/19 $11,787.00 $2,010.00 $19,560.00 $9,485.00 $0.39 Pickups Ford E150 Vans Cargo 13/17 $13,433.00 $2,570.00 $23,585.00 $14,885.00 $0.51 Full-Size Vans Silverado vs. Express EPA/MPG Total Fuel Cost Total Maintenance Acquisition Total Actual Cost Per Mile Class Make/Model Average 60K Miles Cost Cost Depreciation Chevrolet Silverado Full-Size 1500 15/20 $11,556.00 $1,637.00 $18,511.00 $8,486.00 $0.36 Pickups Chevrolet Express Cargo 1500 15/20 $11,556.00 $2,097.00 $22,599.00 $13,649.00 $0.46 Full-Size Vans Sierra vs. Savana EPA/MPG Total Fuel Cost Total Maintenance Acquisition Total Actual Cost Per Mile Class Make/Model Average 60K Miles Cost Cost Depreciation Full-Size GMC Sierra 1500 15/20 $11,556.00 $2,035.00 $18,511.00 $8,686.00 $0.37 Pickups GMC Savana G1500 13/17 $13,433.00 $2,230.00 $26,180.00 $16,405.00 $0.53 Full-Size Vans SAVINGS CALCULATOR Do you want to know how much it will cost per mile to drive trucks compared to vans? Figures based on cost per mile figures provided atwww.fleet-central.com . Extra trucks figure based on an average of $25,000 per truck. A.R.E. Truck vs. Van Calculator How many vehicles in your fleet? How25 many vehicles in your fleet? How50 many vehicles in your fleet? 75 Average total miles driven per vehicle?Average60,000 total miles driven per vehicle?Average60,000 total miles driven per vehicle? 60,000 Cost per mile of trucks: Cost$555,000.00 per mile of trucks: Cost$1,110,000.00 per mile of trucks: $1,665,000.00 Cost per mile of trucks: Cost$750,000.00 per mile of trucks: Cost$1,500,000.00 per mile of trucks: $2,250,000.00 TOTAL SAVINGS: TOTAL$195,000.00 SAVINGS: TO $390,000.00TAL SAVINGS: $585,000.00 Number of other trucks Number of other trucks Number of other trucks 7 15 23 you could buy with savings: you could buy with savings: you could buy with savings: Complete your own cost analysis at www.4are.com/fleet P.O. Box 1100, Massillon, Ohio 44648 | 1.800.464.2042 ext. 3464 | email: [email protected] www.4are.com.
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