truck vs. van report - a.r.e. : truck caps, truck … vs. van report capabilities not only is there...

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Truck vs. Van Report 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. 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 Fuel Savings Fuel cost for 60k miles: Full size pickup trucks $11,633 Full size vans $12,807 Resale Value Fuel cost for 60K miles: Full size pickup trucks $9,975 Full size vans $9,172 $13,000 $12,800 $12,600 $12,400 $12,200 $12,000 $11,800 $11,600 $11,400 $11,200 $11,000 Trucks Vans $10,200 $10,000 $9,800 $9,600 $9,400 $9,200 $9,000 $8,800 $8,600 Trucks Vans Maintenance Maintenance costs: Full size pickup trucks $1,894 Full size vans $2,299 Cost per Mile Average cost per mile: Full size pickup trucks $0.37 Full size vans $0.50 $2,500 $2,000 $1,500 $1,000 $500 $0 Trucks Vans Trucks Vans $0.60 $0.50 $0.40 $0.30 $0.20 $0.10 $0.00 Depreciation Actual depreciation: Full size pickup trucks $8,885 Full size vans $14,979 $30,000 $25,000 $20,000 $15,000 $10,000 $5,000 $0 Trucks Vans $16,000 $14,000 $12,000 $10,000 $8,000 $6,000 $4,000 $2,000 $0 Trucks Vans Capital Investment Acquisition costs: Full size pickup trucks $18,860 Full size vans $24,124 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.

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Page 1: Truck vs. Van Report - A.R.E. : Truck caps, truck … vs. Van Report CAPABILITIES Not only is there monetary value in choosing trucks over vans, there are capability advantages as

Truck vs. Van Report

CAPABILITIESNot 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.

COST SAVINGSBelow 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

Fuel Savings Fuel cost for 60k miles: Full size pickup trucks $11,633 Full size vans $12,807

Resale Value Fuel cost for 60K miles: Full size pickup trucks $9,975 Full size vans $9,172

$13,000

$12,800

$12,600

$12,400

$12,200

$12,000

$11,800

$11,600

$11,400

$11,200

$11,000Trucks Vans

$10,200

$10,000

$9,800

$9,600

$9,400

$9,200

$9,000

$8,800

$8,600Trucks Vans

Maintenance Maintenance costs: Full size pickup trucks $1,894 Full size vans $2,299

Cost per Mile Average cost per mile: Full size pickup trucks $0.37 Full size vans $0.50

$2,500

$2,000

$1,500

$1,000

$500

$0Trucks Vans

Trucks Vans

$0.60

$0.50

$0.40

$0.30

$0.20

$0.10

$0.00

Depreciation Actual depreciation: Full size pickup trucks $8,885 Full size vans $14,979

$30,000

$25,000

$20,000

$15,000

$10,000

$5,000

$0Trucks Vans

$16,000

$14,000

$12,000

$10,000

$8,000

$6,000

$4,000

$2,000

$0Trucks Vans

Capital Investment Acquisition costs: Full size pickup trucks $18,860 Full size vans $24,124

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.

Page 2: Truck vs. Van Report - A.R.E. : Truck caps, truck … vs. Van Report CAPABILITIES Not only is there monetary value in choosing trucks over vans, there are capability advantages as

How many vehicles in your fleet? 50

Average total miles driven per vehicle? 60,000

Cost per mile of trucks: $1,110,000.00

Cost per mile of trucks: $1,500,000.00

TOTAL SAVINGS: $390,000.00

Number of other trucks you could buy with savings: 15

SAVINGS CALCULATORDo 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 at www.fleet-central.com. Extra trucks figure based on an average of $25,000 per truck.

VEHICLE SPECIFIC COMPARISONCharts were obtained at www.fleet-central.com

F-150 vs. E-150

Make/Model EPA/MPG Average

Total Fuel Cost60K Miles

Total Maintenance Cost

Acquisition Cost

Total Actual Depreciation

Cost Per Mile Class

Ford F150 15/19 $11,787.00 $2,010.00 $19,560.00 $9,485.00 $0.39 Full-Size 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

Make/Model EPA/MPG Average

Total Fuel Cost60K Miles

Total Maintenance Cost

Acquisition Cost

Total Actual Depreciation

Cost Per Mile Class

Chevrolet Silverado 1500 15/20 $11,556.00 $1,637.00 $18,511.00 $8,486.00 $0.36 Full-Size

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

Make/Model EPA/MPG Average

Total Fuel Cost60K Miles

Total Maintenance Cost

Acquisition Cost

Total Actual Depreciation

Cost Per Mile Class

GMC Sierra 1500 15/20 $11,556.00 $2,035.00 $18,511.00 $8,686.00 $0.37 Full-Size Pickups

GMC Savana G1500 13/17 $13,433.00 $2,230.00 $26,180.00 $16,405.00 $0.53 Full-Size Vans

How many vehicles in your fleet? 25

Average total miles driven per vehicle? 60,000

Cost per mile of trucks: $555,000.00

Cost per mile of trucks: $750,000.00

TOTAL SAVINGS: $195,000.00

Number of other trucks you could buy with savings: 7

A.R.E. Truck vs. Van Calculator How many vehicles in your fleet? 75

Average total miles driven per vehicle? 60,000

Cost per mile of trucks: $1,665,000.00

Cost per mile of trucks: $2,250,000.00

TO TAL SAVINGS: $585,000.00

Number of other trucks you could buy with savings: 23

Complete your own cost analysis at www.4are.com/fleet

www.4are.com

P.O. Box 1100, Massillon, Ohio 44648 | 1.800.464.2042 ext. 3464 | email: [email protected]