BroncoAZ
Member
I purchase commercial vehicles for a 100+ vehicle regional fleet. The only calculation that matters in my world is the net cost per mile to operate a vehicle. Sometimes the higher trim trucks with the higher resale value are cheaper than a stripped out work truck. Back in 2020 the fleet rep from Ram was trying to convince me to swap the entire fleet annually. On paper it made sense due to the fleet incentives offered and resale value of the trucks, it appeared that we would’ve been making a profit off the annual cycling. I ended up not deviating from the typical 5 year 100K cycle because the idea of upfitting and lettering that many trucks was beyond what my team could process. If it were just standard vehicles with no lettering or upfitting I probably would’ve done it.
If we assume the MYLR I’m looking to purchase for $41K will last me 120K miles and have a $10K resale value, my net cost of $31K divided by 120K miles is 25.83 cents per mile. If I can replace my current model with 17K miles for anything less than $4391 net then it makes sense to swap. If I would be selling the car for $25K after 50K miles then the math works out to 32 cents per mile, so anything less than $5440 and the swap makes sense. For the $5246 swap cost in post #16 the swap is a sound investment. My resale numbers may be way off, but I think of used EV’s like a several generation old iPhone, I expect the values to plummet as the technology improves and the cars get updated.
If we assume the MYLR I’m looking to purchase for $41K will last me 120K miles and have a $10K resale value, my net cost of $31K divided by 120K miles is 25.83 cents per mile. If I can replace my current model with 17K miles for anything less than $4391 net then it makes sense to swap. If I would be selling the car for $25K after 50K miles then the math works out to 32 cents per mile, so anything less than $5440 and the swap makes sense. For the $5246 swap cost in post #16 the swap is a sound investment. My resale numbers may be way off, but I think of used EV’s like a several generation old iPhone, I expect the values to plummet as the technology improves and the cars get updated.