Learning Center

If you have company vehicles (or sales or service reps who drive their own vehicles for company business), then you have a fleet and could be a candidate for Fleet Management.

Fleet Management is simply the provision of services around nearly every aspect of running those vehicles. This includes the basics of acquisition and disposition, to registration services,
maintenance, fuel, even insurance programs.

Maybe. The best way to determine that is to have a conversation with a specialist in Fleet Management and consider the pros and cons to having your fleet expertly managed. Let’s face it, there are likely hundreds of thousands, possibly a million or more dollars tied up just in the vehicles themselves; so even a slight adjustment in the management of your fleet can result in significant savings.

Yes, there are both Equity Leases as well as Fixed Cost (Closed-End) leases that can take into account the higher mileage that sales and service people drive. It is important to realize that regardless of the method of vehicle acquisition (purchase, Equity Lease, Closed-End Lease) you will be responsible for the extra depreciation that happens to a vehicle as a result of being used more.

Fleet Management sounds expensive, can I really save money? Yes! As we noted above, vehicles are expensive. Having an expert staff available to your company that knows how to get the very best purchase price, industry recognized remarketing professionals, and can oversee and manage nearly
every vehicle related spend will save you money.

Yes! As we noted above, vehicles are expensive. Having an expert staff available to your company that knows how to get the very best purchase price, industry recognized remarketing professionals, and can oversee and manage nearly
every vehicle related spend will save you money.