Bid Price Obviously, part of the Carol Stream Police evaluation was the total cost of the patrol vehicle, i.e., base price minus any state bid assistance. T e actual cost varies state to state, sometimes region by region, and sometimes during the model year. T e ac- tual costs are not as important for this sum- mary as the price diff erences at the time. All things factored in, the initial price of the Charger 5.7L V8 was $760 more than the Charger 3.6L V6. T e next step is what sets the Carol
Stream Police study apart from most other, similar NextGen evaluations. T ey com- pared trade-in values of 100K-mile pre- 2011 police Chargers with the 3.5L V6 and the 5.7L V8. Again, residual values are a moving target, business climate sensitive, regionally varying, even model year depen- dent. T at said, they found the 100K-mile police Charger V6 had a residual between
$3,000 and $3,500, while the 100K-mile police Charger V8 had a residual between $6,500 and $7,000. Doing the simplest lifecycle math, a comparison between the V6 and V8 can be made. T e V6 has an initial cost of $760 more than the V8 and uses an estimated $1,800 more in gasoline over the life of the vehicle, totaling $2,560 diff erence. T e V8 has a residual value of $3,500 more than the V6. T at means, drive a HEMI Charger instead of a V6 Charger and save the depart- ment $1,000 per vehicle. For the departments where the V6 patrol
sedans don’t get any better gas mileage dur- ing actual patrol, that really means drive a HEMI Charger instead of a V6 Charger and save $2,750 per vehicle over the in-service life.
Importantly, this is not a Dodge Char-
ger specifi c solution. Exactly the same logic, exactly the same concept, exactly the same
math, also works for the Ford PI Sedan with the 3.5L EcoBoost V6. In 100K miles, it will have the residual value approaching a Taurus SHO. It works for the PI Utility with the 3.5L EcoBoost V6 that will rival the residual of the Explorer Sport. It works for the Caprice V8 that will carry a resale value nearly that of a Chevrolet SS. Many fl eet managers know that lifecycle
costing will give law enforcement the patrol and admin vehicles with the lowest total cost. T anks to the Carol Stream Police, we now know that those lowest cost vehicles might also be the highest-performance po- lice sedans on the market.
Post your comments on this story by visiting
www.pfmmag.com
Your Needs Our Products - Be Ready!
PART #38014
FORD INTERCEPTOR SEDAN ‘12 - ‘13 PUSH BUMPER - CENTER SECTION
PART #40015
FORD INTERCEPTOR UTILITY ‘12 - ‘13 PUSH BUMPER W/ RECTANGULAR WELDED WINGS
Visit Us at PFE-West 2014 BOOTH #812
Window Guards PFE 7.31.13 .indd 1
Trunk Trays
Push Bumpers
http://info.hotims.com/52497-24
Safe Boxes 7/31/2013 9:30:35 AM
www.pfmmag.com 51
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68