Trading in older 2021 model year trucks for the latest 2026 models can save an operator US$13,097 in the first year, according to a new analysis from Fleet Advantage.
Its latest Truck Life Cycle Data Index (TLDI) suggests significant savings can be had while refreshing a fleet, not to mention environmental improvements. Fleet Advantage urges fleets to take a data-driven approach to life-cycle optimization.
“This strategic and data-driven approach allows for better forecasting of future needs, more accurate budgeting, and the ability to take advantage of emerging technologies that can improve efficiency and reduce costs over time,” said Brian Antonellis, CTP, senior vice-president of fleet operations for Fleet Advantage.
“Ultimately, a well-crafted procurement plan based on robust analytics can lead to significant cost savings, improved operational efficiency, and a more sustainable and competitive asset management strategy with the necessary flexibility and business agility.”
Added Antonellis: “Diesel trucks are drastically different from their predecessors, offering a stronger mix of environmental responsibility and economic efficiency. The advancements we’ve seen in diesel technology have been nothing short of remarkable, with modern trucks achieving near-zero emissions levels that were once thought impossible.”
Fuel economy continues to represent a major portion of the savings through truck replacement. Based on Fleet Advantage’s TLDI, fleets can save US$5,941 per truck in fuel in the first year following replacement of a 2021 model year sleeper, a 14% increase in fuel economy and reduction of CO2 emissions.
