The total cost of owning hybrid vehicles compared to their gasoline counterparts improved in 2017 with 40% of the models studied in Vincentric’s annual analysis having a lower TCO, according to the firm.

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Imagine this: By making changes to small chunks of the pie chart that is your operating costs, you can uncover savings that add up big time. Of course, we all know this is completely possible, because the components that make up the total cost of ownership (TCO) of a vehicle ultimately affect each other. But just how much can you save from each of these categories?

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total operating costsThe components that make up the total cost of ownership (TCO) of a vehicle ultimately affect each other. Reduce your vehicle operating costs by selecting vehicles with the highest resale value, and the lowest fuel and maintenance costs. Then, look at the other areas for possible cost-saving opportunities. Use this infographic to understand how your vehicle’s cost of ownership affects your overall budget.

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