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Lifecycle of Vehicles - Coggle Diagram

- - - - Understand the requirement and features expected
      - Understand technical performance of the different models
  - - - Technical performance of the bus
      - lifecycle cost of the bus models
        
        Information can be obtained by exiting models
  - - - Taxes
      - Purchase, loan or lease payment
      - Insurance/registration
      - License and permits
      - Depreciation
    - - Fuel
      - Maintenance
      - Labour
      - Spare parts
      - Tolls
  - - - Length of time the vehicle will be used
      - Monthly cash flow budgeted for the usage of vehicle
      - Is the vehicle used for specific contract or for other projects?
      - Upfront cost of vehicle acquisition
      - Administrative tasks involved
      - Size of fleet acquiring
      - Risk profile and culture in the company
    - - Carry no mileage restrictions
      - Can terminate the agreement after the end of the minimum fixed term
      - Proceeds of the sale are greater than what was calculated
      - High-mileage vehicles will depreciate faster and may have lower resale value
    - - Lease term is typically set
      - Monthly payments are based on the estimated residual value
      - Preset and agreed expectations on fixed mileage and wear
      - No additional cost at the end of the lease
      - Lessor sells the vehicle and assume responsibility for any profits or losses
      - More certainty to fleet manages
  - - - Ease of maintenance
      - Driver's comfort
      - Vehicle design
    - - Tool used to compare alternatives with respect to multiple criteria of different levels of important
- - - - Placing Vehicle in Service
        
        Operation & Maintenance
        
        Decommission & Remarketing
        
        REPEAT