TCO Hino L8 vs Freightliner M2: real comparison (cost/km)

TCO Hino L8 vs Freightliner M2

To remember (TCO Hino L8 vs Freightliner M2):

In our 5-year (400,000 km) scenario, the Hino L8 costs less to operate than the Freightliner M2, even though both trucks are comparable for a 26-foot box.

  • Lower total TCO: $470,626 vs. $507,197savings of around $36,571 over 5 years
  • Lower cost per km: $1.18/km vs. $1.27/km → you pay ~$0.09 less per km
  • Monthly savings: $7,844/month vs. $8,453/month~$610/month saved
  • What’s in it for you? The Hino L8 reduces the big items that count: fuel (25 L/100 km) and downtime (less cost when the truck is immobilized), which directly protects your margin.

👉 Conclusion: if your goal is to have a profitable, predictable and economical truck for the long term, the Hino L8 is the best choice in this scenario.

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Keep your free TCO calculator on your device for life.

TCO Hino L8 vs Freightliner M2: the real comparison (total cost of ownership) for choosing the right 28-foot box truck

A truck may look “cheaper” on the order form… but cost a lot more once it’s on the road. The right metric is TCO (Total Cost of Ownership): what the truck actually costs you per month and per kilometer.

In this guide (ready-to-publish blog format), we compare a concrete Hino L8 vs Freightliner M2 scenario in typical Quebec / Greater Montreal distribution use (28′ box truck), and highlight why the Hino L8 has the TCO advantage when we look at the real cost items.


Why TCO is more important than purchase price

The TCO adds up the items that (really) make for profitability:

  • Purchase + interest
  • Fuel
  • Maintenance + tires
  • Insurance + registration
  • Downtime
  • Resale value (deducted at end)

👉 The final result gives two figures that are easy to compare:

  • Actual cost / km
  • Average cost / month


The “real-life” method: how to calculate a TCO without lying to yourself

TCO = (Purchase + Interest + Fuel + Maintenance + Tires + Insurance + Registration + Downtime) – Resale value

Fuel formula (5 years)

Carburant = (km/an × 5) × (L/100 km ÷ 100) × prix du diesel

Cost/km formula

Coût/km = TCO total ÷ km totaux


Scenario assumptions (adjusted according to your figures)

  • Duration: 60 months (5 years)
  • Mileage: 80,000 km/year → 400,000 km over 5 years
  • Diesel price : 1,85 $/L
  • Financing (example): 6.99% APR, 15% down payment
  • Downtime cost : 450/day
  • Average consumption :
    • Hino L8: 25.0 L/100 km

    • Freightliner M2: 26.5 L/100 km (scenario reference)

TCO comparison Hino L8 vs Freightliner M2: figures (5 years)

Cost item (5 years) Hino L8 (scenario) Freightliner M2 (scenario)
Purchase price (truck + box)195 000 $205 000 $
Down payment (15%) (info)29 250 $30 750 $
Interest (60 months, 6.99%)31 126 $32 722 $
Fuel (400,000 km)185 000 $196 100 $
Maintenance &
consumables (excluding tires)
68 000 $76 000 $
Tires12 000 $12 500 $
Insurance36 000 $36 000 $
Registration & miscellaneous9 000 $9 000 $
Downtime (immobilization)4 500 $7 875 $
Resale value (deducted)-70 000 $-68 000 $
Total TCO (5 years) 470,626 507,197
Actual cost/km 1.18/km 1.27/km
Average cost / month (all-inclusive) 7,844/month 8,453/month

Assumptions: 60 months, 80,000 km/year (400,000 km), diesel $1.85/L, downtime $450/day, Hino L8 consumption 25 L/100 km, M2 consumption 26.5 L/100 km.

Results (clear and publishable)

In this scenario, the Hino L8 costs ~$36,571 less over 5 years, or about :

  • 0.09/km less
  • ~$610/month less

Download our free TCO calculator!

Keep your free TCO calculator on your device for life.

Or calculate your TCO here

Calculateur TCO Camion Hino

Sorties : TCO annuel + TCO par km (avec options TPS/TVQ, pneus et downtime)
Par défaut : TPS 5% + TVQ 9,975%
Taxes calculées sur le prix avant taxes (TPS + TVQ). *(Modèle QC standard.)*
Budget annuel ou calcul au km
Jours/an × coût/jour ou budget annuel
Auto-calcul activé
Formule TCO (annuel) = Dépréciation + Carburant + Autres coûts annuels + Pneus + Downtime + Intérêts (moyennés sur la période) + Taxes (si comptant, amorties sur la période; si financées, incluses via le prêt).
Résultats
TCO annuel • TCO par km • cashflow mensuel (indicatif)
TCO annuel
$—
TCO par km
$—
Dépréciation (annuelle)
(achat − revente) ÷ années
$—
Carburant (annuel)
km/an × (L/100 ÷ 100) × $/L
$—
Taxes (annuel)
si TPS/TVQ comptant : (taxes ÷ années). Si financées : 0 ici.
$—
Pneus (annuel)
budget annuel ou calcul au km
$—
Downtime (annuel)
budget annuel ou jours × coût/jour
$—
Autres coûts (annuels)
maintenance + assurance + plaque
$—
Intérêts (moyenne annuelle)
intérêts payés pendant la période ÷ années
$—
Paiement mensuel (prêt)
inclut taxes si “taxes financées”
$—
Cashflow mensuel récurrent (indicatif)
paiement + (carburant + coûts annuels)/12
$—
Coût net sur la période
TCO annuel × années
$—
Jour 0 (sortie ponctuelle)
mise de fonds + taxes comptant (si activé)
$—

Why the Hino L8 gains in TCO (the levers that really count)

1) Fuel: the #1 item (and the gap adds up fast)

Over 400,000 km, even a 1.5 L/100 km difference becomes real money.

With your figures:

  • Hino L8 (25.0 L/100) → 100,000 L over 400,000 km

  • M2 (26.5 L/100) → 106,000 L over 400,000 km

  • Difference: 6,000 L

  • At $1.85/L → ~$11,100 difference just in fuel

👉 And that’s before we even talk about maintenance or downtime.

2) Downtime: the “hidden cost” that drives up cost/km

A stopped truck is not an abstract accounting line: it’s undelivered revenue, roads to be taken back, sometimes a replacement unit.

With a cost of $450/day, reducing even a few days of downtime per year becomes a direct gain in TCO.

3) Maintenance: predictability beats “cheapness

What protects a fleet is regular operation: fewer deviations, fewer surprises, better planning. The Hino L8 is often chosen precisely to stabilize operating costs over time (which is reflected in the TCO).

4) Resale: recover more = pay less over 60 months

Residual value is a key factor: the better you resell, the lower your real cost.

The right truck for the job

Choose a Hino L8 if...

Choose a Freightliner M2 if...

Download our free TCO calculator!

Keep your free TCO calculator on your device for life.

Is the Hino L8 really more cost-effective than a Freightliner M2?

Often YES, in terms of TCO, because it’s the big factors like fuel consumption, maintenance, downtime and resale value that create the difference, not just the purchase price.

Yes, fuel is usually the #1 factor. The higher your mileage, the greater the difference in fuel consumption.

Yes, the resale value is subtracted from the total: this is what you get back at the end of the term, and it has a strong influence on your cost/km.

No. Depreciation is still purchase – resale. Financing adds an interest cost that increases your TCO.

In practice, the three most effective levers are :

  1. reduce actual consumption (idling, road, load, driving)

  2. stabilize annual costs (planned maintenance + insurance)

  3. maximize resale value (history, condition, maintenance)

Because it neutralizes the “I drive more/less” effect, and makes it possible to compare two configurations more accurately.

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