Managing equipment with total cost of ownership (TCO) in mind means keeping costs in check and getting the best value out of equipment. Fleets are making purchasing decisions based on cost of vehicle, fuel economy and maintenance costs—and they continue to look for ways to reduce total cost of ownership. To do this they must wisely manage vehicles—which includes specifying the right equipment for their applications and buying components that are durable, and add safety and value. The right selection can save fuel and maintenance costs. The wrong selection can be catastrophic. These days, fleets must also manage increasingly more sophisticated maintenance and repair issues, which can be challenging.