Total Cost of Ownership (TCO)

Ford Pro's Solutions can reduce Total Cost of Ownership (TCO) by approximately 25%¹.

What is TCO?

Ford Pro’s Total Cost of Ownership model captures the annualized cost to operate a single vehicle, factoring in efficiencies driven by Ford Pro’s solutions.

Multiple scenarios were modeled to account for regional, fleet size, and vehicle line differences.

Why is it relevant for fleets?

Fleet vehicles are revenue-generating assets for the business. Therefore, TCO is the primary metric used to measure the financial performance and profitability of that asset over its entire lifecycle.

It moves the evaluation beyond the initial sticker price to encompass every expense incurred from acquisition to disposal. This focus on TCO is fundamental because it directly impacts the fleet's bottom line, operational efficiency, and overall business viability.

What elements comprise TCO?

Ford Pro’s model includes traditional TCO inputs such as Vehicle Payments, Insurance, Title and Registration, Depreciation, Maintenance & Repair, and Fuel.

Vehicle Payments – include the purchase price of the vehicle, financing costs, taxes, and fees associated with vehicle acquisition.
Insurance – includes the monthly premiums required to keep the vehicle insured.
Title & Registration – associated fees paid to the state to register your vehicle including license plate fees; these fees are typically renewed annually
Depreciation – refers to the decrease in value of an asset over time due to use, wear and tear, age and obsolescence. This represents the lost equity value associated with an asset over time.
Maintenance & Repair – Maintenance refers to the routine, scheduled service performed to prevent problems and Repair refers to unscheduled work done to fix a problem that has occurred.
Fuel – the cost associated with refueling the vehicle over time to enable its continued use.

Ford Pro’s model then accounts for the Cost of Downtime which all fleets recognize as a productivity killer but many haven’t reflected in their own TCO models and prices in Software costs to help track the fleet and make it more efficient.

Ford Pro Solutions Driving TCO Reduction

See the list of Ford Pro Solutions below that, when combined, drive the approximate 25% TCO reduction¹; for more details on any given solution, click on the hyperlinks provided

Commercial Line of Credit

There is a 0.5% APR discount applied to credit lines of $2mm or more.

FIN-Code

Fleet customers can qualify for a FIN-Code if they have registered or leased for use in operation 5 or more new vehicles (any make or model) in the last rolling 24 months; or currently operate a fleet of 15 or more vehicles (any make or model).

FIN-Code customers are eligible for various vehicle discounts including Commercial Bonus Cash and 56M National Fleet Incentives.

Ford Pro Telematics²

Fleets using Ford Pro Telematics can recognize...

A 52% reduction in idle time when using In-Vehicle Coaching, saving money on fuel and improving residual value via less engine wear.
A 10% lower monthly premium with Ford Pro Insure.

Ford Pro Fleet Management Title & Registration

Outsourcing this service to Ford Pro is often much less expensive than the cost of a fleet manager’s labor to handle for their fleet in-house.

Ford Pro Fleet Management Maintenance Management

Outsourcing this service to Ford Pro results, on average, in a 20% lower final invoice for heavy repairs.

Ford Protect Premium Maintenance Plan

Prices vary by vehicle and plan, but the annualized cost of this plan often results in lower spend on light maintenance and a consistent, proactive schedule can help with residual values.

Ford Pro Fleet Network Parts Loyalty Program
On average, fleets earning an incentive see $.06 in rewards for every $1.00 spent. FIN-Code required for program participation.

Ford Pro Mobile Service³

Fleets using Ford Pro Mobile Service see a reduction in Cost of Downtime via shorter repair order durations on routine maintenance and light repairs.

Ford Pro Connected Uptime System

Fleets who turn on their modem will be monitored by Ford Pro’s Connected Uptime System which often results in shorter repair order durations for heavy repairs.

Ford Pro Fuel Cards via WEX⁴

Ford Pro customers who sign up for a WEX fuel card save on average $.05 per gallon on fuel.

Disclosures

1 – Total Cost of Ownership reduction can vary by your fleets size, vehicles in your fleet, and where you operate; entire list of Ford Pro solutions provided above are required to recognize the approximate 25% reduction

2 - Ford Pro Telematics is available on vehicles with embedded modem or equipped with approved plug-in device (PID). May require modem activation. Ford Telematics and Ford Data Services require a purchased subscription. Terms and conditions apply. Telematics service and features, and access to vehicle data depend on subscription and compatible AT&T network availability. Evolving technology/cellular networks/vehicle capability may limit functionality and prevent operation of connected features.

3 - Available at select locations. Services and mileage limits vary by participating dealer. See dealer for details.

4 - Discounts are often applied to new accounts only and are subject to credit approval and applicable law. Discounts are tiered based on the number of gallons purchased at eligible locations. Rebates for these programs are subject to change at any time. Refer to the tier tables provided on Ford Pro’s website or call 1-866-885-2798 for more details. Rebates will appear as a credit on your billing statement and earned when balances due are timely paid pursuant to the terms and conditions of your account agreement.