Diesel Vehicles Cut Costs: Vincentric
Vincentric study finds that many diesel vehicles provide Canadian fleets with cost of ownership savings.
Vincentric’s most recent Canadian Diesel Analysis finds that over 39% of diesel vehicles analyzed (111of 280) have a lower total cost-of-ownership than their closest all-gasoline powered counterparts.
The 280 diesel vehicles analyzed include passenger vehicles, pick-up trucks, SUVs, CUVs and vans.
All the passenger cars showed lower total cost-of-ownership when compared with their closest all-gasoline powered versions, while only 1/3 of the pickup trucks proved to be more cost-effective.
In the SUV, CUV and van category, 62% of the diesels demonstrated a lower total-cost-of-ownership.
“Due to higher purchase prices diesel vehicles generally have more expensive cost-of-ownership compared to their all-gas versions,” said Vincentric President David Wurster. “However, with better fuel economy, nearly 40% of diesel vehicles are showing cost savings.”
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