Vehicles rank among the largest expenses for HVAC contractors, and right now they cost more to purchase, insure, fuel, and maintain than they have in recent years. HVAC contractors need to make an effort to contain these costs in any way, including how they shop for vehicles and how they use them on a daily basis.
Prices of both new and used vehicles have been going up due to a lack of supply. On the new side, factories face constraints due to shortages of materials, labor, and, most importantly, chips. Today’s vehicles are essentially computers on wheels. The auto industry is facing a crippling chip shortage due to the coronavirus pandemic.