SERVICES
Open-End Leasing – Your Key to Business FlexibilityLeasing allows the business to pay for only the portion of the vehicles they use. This reduces the monthly payment when compared to financing a vehicle where you pay and finance 100% of the vehicle and pay tax on the total price.
Is Your EV Fleet Prepared for a Lithium-ion Battery Fire?When compared to gasoline and hybrid vehicles, electric cars have the lowest number of fires per 100,000 sales. Electric vehicles are powered by lithium-ion batteries and EV fires are typically related to the battery. While electric vehicle fires occur less frequently, they burn longer and hotter than other fires. This is due to a chemical reaction in the battery called thermal runaway.
BEST PRACTICES – MANAGING AN EV FLEETElectric vehicle (EV) fleet management requires a different approach compared to managing a fleet of traditional combustion engine vehicles. Here are some best practices for EV fleet management:
Managing Vehicle Lifecycles in High-Mileage ScenariosWhen it comes to football, vehicle shortages and supply chain interruptions, “The best defense is a strong offense,” says a fleet manager for the Tennant Company. The past year or two has been particularly challenging for fleet managers, so many are finding it necessary to employ a variety of tactics in order to stem losses, delays, or added costs.
We are all finding ways to adjust and move forward. Now more than ever, our customers are relying on us for stability and support and our team is working hard to find new ways to serve them.
Doering Fleet Management and eIQ Mobility are partnering to provide fleets with seamless EV deployments. eIQ Mobility provides fleets with highly accurate EV Feasibility and Sustainability Assessments using EValuate ™, their online decision platform.
Fleet Management Companies (FMCs) are your advocate and can provide advice on fleet strategy and solutions. FMCs provide companies with important guidance on topics like how long to keep vehicles, which vehicle options make sense, and how to remarket vehicles to maximize sales prices.
When you lease trucks for your fleet you may be offered what seems like a very attractive program that covers your lease payment as well as your maintenance for one price. This option is called a full-service lease. It is a conventional lease plus a maintenance agreement blended together and inseparable.
We all have a friend or several who had a bad experience leasing. It happens constantly. They go to a dealership looking for a vehicle. They consider leasing at some point. They are given the choice of $800 per month for the vehicle they want if they buy. The term is 60 months or more. They are given an option to lease the same vehicle for $550 for a shorter term! BINGO.
Accountants who understand the difference between fleet leasing (or open-end leasing) and consumer leasing are tremendous advocates of leasing. Accountants who only understand consumer leasing (or closed-end leasing) are opponents of leasing.
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