Life Cycle TCO of Class 8 Trucks

Goals

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.

Early Findings

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

TCO by Fleet Size

Proposed next steps:

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