A vehicle that's off the road for repairs isn't just costing money to fix — it's also not generating revenue while it's out of action, and it's losing resale value the whole time regardless of how well it's maintained. Businesses that only track fuel and service bills often miss these quieter costs entirely.
Source: Corporate Finance Institute
Frequently Asked Questions
What is vehicle depreciation?
It's the gradual loss in a vehicle's resale value over time, which happens whether or not the vehicle is actively being used.
Why does downtime matter if repairs are covered by insurance or a warranty?
Even if repair costs are covered, a vehicle that's off the road can't generate revenue, and other vehicles or staff may need to cover its workload in the meantime.
How can I track the full cost of each vehicle, not just fuel?
The Business Fleet Cost Tracker – South African Edition captures running costs across your whole fleet, so the real cost per vehicle becomes visible, not just the obvious ones.