To find out which car has the lowest lifecycle cost, Vincentric evaluated seven factors: depreciation expense, fuel costs, finance costs, opportunity costs, maintenance costs, repair costs, and insurance costs.
The Tahoe won when compared to Chevrolet Impala, Ford Crown Victoria, and Dodge Charger and, should law enforcement agencies make this fact a criteria in choosing future vehicles, the Tahoe may win by a long shot. As with any such vehicle, the police package Tahoe is available with HAZMAT, K9, medical, and tactical operations, with both police and special service packages.
"We are proud our vehicles performed so well in Vincentric’s lifecycle cost analysis,” said Joyce Mattman, Product Director, Fleet and Commercial Operations. “The low lifecycle costs of the Tahoe and Impala police vehicles offer our customers great value in this economic climate.”
"Our intent with any of our fleet lifecycle cost analyses is to provide guidance to all types of fleet buyers, including small businesses, large commercial fleets and police and other government organizations,” added David Wurster, President of Vincentric.
“By looking at as many different mileage/lifecycle timeframe scenarios as possible, we’re able to account for a wide variety of driving and ownership patterns and provide an independent, solid foundation for accurately evaluating the lifecycle costs of fleet vehicles.”
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