
Automate Vehicle Maintenance to Reduce Fleet Expenses
A fleet’s total cost of ownership (TCO) is heavily dependent on the variable costs of repair. To state a practical situation:
TCO = Purchase Cost + Repair Cost over Period − Resale Value
Given (Example):
* Purchase cost = ₹ 25,00,000
* Repair cost over 5 years = Let’s assume ₹ 3,00,000 (a