If you run a fleet of automobiles for your sales team and managers, or a fleet for service operations, today's spiraling gasoline costs are no doubt pummeling your bottom line. And it is also adversely affecting your employees--both in their pocketbook and in their attitude.
AAA has just released car operating costs, and it is no surprise to see annual costs jump from 8% to 16% based on class of automobile driven. When was the last time you examined the impact of these rising costs on your P&L? When was the last time you examined the cost impact to the portion of expenses your team must bear?
Here are the numbers for some of the various classes of vehicles (Chicago Tribune, April 13, 2008):
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Small Cars (Cobalt, Focus, Civic, Sentra, Corolla): Up 9%, 55.1 cents per mile to operate,
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Mid Size Cars (Impala, Fusion, Accord, Altima, Camry): Up 16%, 71.9 cents per mile to operate,
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Full Size Cars (Lucerne, 300, Maxima, Avalon): Up 16%, 85.8 cents per mile to operate,
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Minivans (Uplander, Grand Caravan, Sedona, Odyssey, Sienna): Up 8%, 74.9 cents per mile to operate,
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Mid Size SUVs (Trailblazer, Explorer, Gand Cherokee, Pathfinder): Up 12%, 91 cents per mile to operate.
Costs include gas, oil, tires, maintenance, insurance, financing, depreciation, licensing, registration and taxes.