Life Cycle TCO of Class 8 Trucks
To determine the life cycle total cost of ownership of Class 8 trucks in the US and provide the breakdown in terms of fuel costs, routine maintenance, and other.
Life Cycle TCO
- The total cost of ownership of a financed class 8 truck over a 15-year life cycle is $2.28 million. The cost per mile is $1.50. Over two in three (68%) class 8 trucks are financed.
- The total cost of ownership of a class 8 truck leased in four-year intervals over a total of 15 years is $2.30 million. The cost per mile is $1.53.
Breakdown of TCO
- The per-mile total cost of ownership of a Class 8 tractors broken down by category (2012):
TCO by Fleet Size
- The cost of ownership of a class 8 tractor varies depending on the size of the fleet (2012):
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