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E321 Mindmap - Coggle Diagram
E321 Mindmap
Evaluation Metrics
Payback Period
Return-on-Investment (ROI)
Cost-Benefit-Analysis
Internal Rate Of Return (IRR)
Net Present Value (NPV_
Evaluation Metrics For Vehicle Finance Options
Cost-Benefit Analysis
Payback Period
Internal Rate Of Return (IRR)
Return-On-Investment (ROI)
Net Present Value (NPV)
Before placing vehicle in service
Insurance
Certificate Of Entitlement (COE)
Vehicle Modification Approval
Vehicle marked for safety / License plate displayed
Operation and Maintenance
Fuel Management
Fuel consumption and cost
Monitoring fuel pricing trend
Road Safety
Driver behavior
Accident rate
Fuel Management
Tracking of vehicle location
Driver’s log
Vehicle utilization
Maintenance Management
Fleet failure trend
Adherence to fleet maintenance plan
Decommission & Remarketing
Method of disposal upon decommissioning
Retailing
Employee sales
Trade-ins
Auctions
Public tender
Transfer to another entity
Controlled/specialized disposal
The decision to decommission the vehicle depends
on
The current condition of the vehicle
The mileage operated by vehicle to date
Age of the vehicle
‘Whole-life’ cost of owning the vehicle
Environment targets