Navigating the Road to Savings: Comparing the Total Cost of Ownership between Electric and Diesel Trucks

Navigating the Road to Savings: Comparing the Total Cost of Ownership between Electric and Diesel Trucks

In the ever-evolving landscape of the trucking industry, businesses are increasingly looking towards sustainable solutions that not only benefit the environment but also prove economically viable in the long run. One such avenue gaining momentum is the adoption of electric trucks. At C&M Motors, a trusted Hino, SEA, and REE Electric Dealer serving the greater San Diego area, we understand the importance of making informed decisions for your fleet. In this article, we’ll explore how the total cost of ownership (TCO) compares between electric trucks and traditional diesel trucks, empowering businesses to chart a course towards efficiency and savings.

Understanding Total Cost of Ownership (TCO)

Total Cost of Ownership encompasses more than just the initial purchase price. It factors in various elements such as fuel costs, maintenance expenses, resale value, and the lifespan of the vehicle. By delving into these components, businesses can make comprehensive and forward-thinking decisions for their fleets.

Upfront Costs

One of the primary considerations for businesses is the initial investment required. Electric trucks traditionally have higher upfront costs than their diesel counterparts. However, it’s crucial to consider available government incentives, tax credits, and financing options that can significantly offset these initial expenses. At C&M Motors, we work with businesses to explore these opportunities, ensuring a smoother transition to electric fleets.

Fuel Costs

Electric trucks boast lower fuel costs, providing a significant advantage in the TCO analysis. With the price stability of electricity compared to fluctuating diesel prices, businesses can better predict and manage their operating expenses. Additionally, California’s commitment to renewable energy sources further enhances the environmental and financial benefits of electric truck ownership.

Maintenance Expenses

Electric trucks generally have fewer moving parts than diesel trucks, translating to lower maintenance costs. With fewer components subject to wear and tear, businesses can expect reduced downtime and more predictable maintenance schedules. At C&M Motors, our service support network is equipped to handle the unique maintenance requirements of electric trucks, ensuring optimal performance and longevity.

Resale Value and Depreciation

While electric trucks historically faced challenges in resale value, advancements in technology and increasing demand have mitigated this concern. Understanding the expected depreciation rates and considering the potential for enhanced resale value over time is crucial in the TCO analysis.

Lifespan and Long-Term Savings

Electric trucks are designed for longevity, often outlasting traditional diesel trucks. Businesses benefit from extended vehicle lifespan and reduced long-term expenses, contributing to substantial savings over the operational lifetime of the vehicle.

Experience the Future with C&M Motors

As a leading Hino, SEA, and REE Electric Dealer in San Diego, C&M Motors is committed to helping businesses navigate the transition to electric fleets. We offer demo electric trucks for test drives, allowing customers to experience the innovation and efficiency firsthand.

Contact Us Today

To explore the potential of electric trucks for your fleet and secure your spot for a test drive, contact C&M Motors, NationaLease of San Diego, at 800.736.3443 or fill out a contact form online. Let us be your trusted partner in embracing the future of sustainable and cost-effective transportation solutions. Together, we can drive towards a greener and more economical tomorrow.

Clean-Air Vehicles Transforming Businesses

Clean-Air Vehicles Transforming Businesses

vip programThe medium and heavy-duty truck market is moving to clean-air vehicles. They don’t just help save the environment, they will save your business on fuel costs as well as maintenance.

California HVIP is helping you make the move to clean-air trucks by slashing purchase costs. By helping you purchase your new clean-air vehicle, HVIP helps you join the transformation and reduce harmful pollutants.

HVIP is Scheduled to Open June 8th, 2021

HVIP is taking a streamlined approach to providing discounts. You will receive the financial support immediately at the point of sale. No waiting for a refund check. No application period.

Are You Considering a New Truck for Your Fleet?

Here’s the scoop on how to participate. The most important point to be aware of is that this program is first come, first served. C&M Motors knows the voucher processing system, so there is less paperwork for you. Whether it is a single truck or an entire fleet upgrade, HVIP dealers like C&M Motors are ready to help you make the right investment for your business’ future.

Why C&M Motors

C&M Motors is a locally owned and operated family business serving the greater San Diego area since 1982. With 2 locations to serve you (National City and Vista), we offer a personalized experience and customized services to meet your business needs.

We have partnered with SEA Electric (an approved HVIP vehicle provider) and are ready to help you save money, cut maintenance expenses, and support the environment. Read more on our partnership with SEA Electric.

In addition to HVIP support, C&M Motors offers a full-service truck experience including sales, service, rentals, maintenance, collision, fabrication, parts, and 24/7 emergency roadside assistance.

Ready for that new clean-air truck? Don’t delay! Give us a call to learn more and get an early start before funds run out.

C&M Motors Inc

www.cmmotorsinc.com

(800) 736-3443

SEA Electric Commercial Trucks

SEA Electric Commercial Trucks

SEA Commercial Electric TrucksSEA Electric and C&M Motors are partnering to offer you the next generation of electric commercial trucks. Because of this, these exciting new vehicles will deliver the most cost-effective electric powered trucks in the world. The batteries are mid-mounted for safety and dynamics. You will enjoy an overall lower maintenance with fewer moving parts and will realize significant savings in operational cost as no fuel is required. These new all electric trucks are available on Hino truck chassis M5, L6, and L7 offering even greater driver comfort, health, and safety with no noise, no fumes, and no engine heat.

Zero Emissions

Reduce your carbon footprint with an electric delivery truck from C&M Motors. We offer 3 classes of electric engine depending upon the Class Vehicle needed.

HVIP Program Incentives

The California Air Resources Board (CARB) approved the Fiscal Year (FY) 2020-21 Funding Plan for Clean Transportation Incentives on December 10, 2020. The Plan allocates $25 million from the Air Quality Improvement Program (AQIP) to HVIP. The plan includes several changes to HVIP policy including streamline voucher table and revised amounts, lowered fleet cap, and modified classification and eligibility criteria. A zero-emission commercial electric truck would certainly qualify as an HVIP-eligible product.

 

C&M Motors Inc
www.cmmotorsinc.com
(800) 736-3443

Espanol / English »