Bus Fleet Evaluation

Basco&T Consulting supports LPT professionals in the fleet management and fleet value maximization: from the purchase to the dismissal phase.

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What we offer


We provide assistance to make the most of fleet management : definition of purchase and disposal strategies, evaluation of buses for insurance purposes.

EV 1

Definition the multi-year purchasing strategy

  • (TCO): maintenance costs minimization along the vehicle full life cycle;
  • Fleet efficiency maximization by ensuring the best amount of backup vehicles to ensure a smooth service;
  • Financial capabilities maximization employment for the renewal of the business fleet determining the optimal brand-new and secondhand vehicles mix;
  • Adequate investments programming for the business fleet according to the most up-to-date corresponding legislation (I.e., excise duty), planning the renewal on time and executing it at the most suitable time.
EV 2

Definition of the optimal dismissal strategy

Dismissal maximization strategy (finding the optimal vehicle(s)’ selling point.

EV 3

Fleet value computation for insurance purposes

  • Renegotiation/reduction of the insurance fee;​
  • Determination of the fair vehicle value to be insured;
  • Formulation of the required compensation value in the case of a casualty.

The process

Our methodological approach for a correct evaluation is based on 7 main steps:


n.1 1

Current vehicle fleet assessment

  • Current vehicles fleet digital mapping (vehicles features, age, mileage, wear and tear);

  • Employment in the depot/service;

  • Escort for depot/service.

n.2 1

Current maintenance costs analysis

  • Reconstruction of the past maintenance costs grouped by homogeneous vehicle features;

  • Future maintenance costs forecast.

n.3 1

Current vehicles fleet value maximization

  • Marked-to-market value forecast of the current bus fleet;

  • Projection of the depreciation curve for the upcoming years.

n.4 1

Definition of dismissal and purchase strategy

  • Optimisation of maintenance costs over the life cycle (TCO)

  • Reduction of vehicle escort

  • Regulatory compliance (e.g. excise refund)

  • Bus residual value maximisation

  • Maximising available financial resources

  • Maximising disposal value of current assets


Forecast of different purchase scenarios and related financial impact

  • Verification of the financial sustainability of the investment plan.


Purchase and disposal phase

  • Assistance with the tender specifications draft;

  • Assistance in the secondhand vehicles dismissal.


Review of insurance contracts