The payback period for the investment in fuel-efficient trucks could be as little as nine months, according to the report.
The study also showed that:
- 87 percent of fleet operators would support regulations that call for higher fuel economy;
- 86 percent said the upfront cost of a new vehicle is their biggest concern in purchasing decisions; and
- 89 percent said they would be willing to pay a higher upfront cost for a new truck if they could be assured of cost savings over the life of the vehicle.
“Our business case modeling approach was developed with fleet owners and operators who are on the front line of this issue,” said CALSTART President Bill Van Amburg about the report. “And, based on our survey, they believe that investing in more fuel-efficient trucks up front can be good for business in the long run.”