← Lessons 26-Vehicle Selection Quiz 0 / 14 read 1. INTRODUCTION 2. LICENSING 3. TYPES OF LOAD TO BE CARRIED 4. VEHICLE CONFIGURATIONS LOAD HANDLING CONSIDERATIONS 7. ENVIRONMENTAL CONSIDERATIONS 7. ENVIRONMENTAL CONSIDERATIONS 8. ECONOMIC CONSIDERATIONS 9. CREW COMFORT CONSIDERATIONS 10. SECURITY 11. CONCLUSION REVISION SUMMARY Quick Exam Numbers / Facts – Memorise These Final Memory Checklist 8. ECONOMIC CONSIDERATIONS Vehicle selection should be based on whole-life cost rather than a single purchase or operating cost. VED is a significant cost but should be considered alongside the complete cost profile. Whole-life costs include fuel economy, maintenance, tyre life, downtime, depreciation and insurance. The cheapest vehicle to buy is not necessarily the cheapest vehicle to operate over its useful life.