Total cost of ownership

Total Cost of Ownership

Fleet operators all over the world have the same ongoing interest about their total cost of ownership and: to increase their productivity and to reduce operating costs. 

Magna Tyres offers a quality tyre range with an optimal combination of tyre performance and purchase price, leading to a low TCO and highly efficient operation. TCO is not only determined by the initial purchase price, but also on expenses though tyre maintenance, fuel consumption, downtime etc..

Tyre Life and TCO

Tyre life and total cost of ownership is determined by several factors, as indicated in figure 1.

Site conditions

1. Firstly the conditions on a specific site play a decisive role in the TCO.  The air in tyres is affected by ambient temperature. When it’s warm, the pressure is higher and when it’s cooler the pressure is lower. Cold weather means less tyre pressure than hot weather. Also direct sun exposure plays a role. Those black tyres in the hot sun absorb the heat, passing it on to the air inside, which can make a difference of up to 15%.

Maintenance

2. Obviously, one of the most important factors in achieving the best overall total cost of ownership is vehicle and tyre maintenance. Always make sure to maintain the proper inflation pressure and check wear regularly. Make sure the vehicle doesn't have defects that could influence tyre life.

Operating Machine

3. The operator is also very important in the use of the vehicle. Aggressively steering, cornering and braking reduces tyre life and also the load should be distributed evenly to achieve an optimal performance.

Operation

4. The setup of a specific operation also determines how long a tyre will last. Think of load, speed, design of the work cycle and tyre selection to get the job done.