Common mistakes we see in the TLC indusry include drivers (i) buying new cars, (ii) paying too much for a car and (iii) entering into uneconomic financing (i.e. 5+ year loan or high interest rate loan).
For example, as soon as you register a TLC plate a vehicle's CARFAX will update to show the car was a 'Taxi'. This accelerates depreciation and a car may lose a large portion of its value quicker than expected.
We help in two ways:
- Secure the best possible purchase price for a driver or small fleet via our local and national vendor network.
- Help minimize a driver's or fleet's estimated total cost of ownership (TCO). TCO refers to car-related costs, including maintenance, over the expected "TLC life" of the car.