Businesses with fleets of 5 to 5,000 work with Fleet Management Company (FMC) experts to save time and money. FMCs have proven strategies to preserve a fleet’s value, maximize resale values, drive significant cost savings, and improve risk management.
The key to a successful implementation of a fleet management program is communication. Change is never easy. In fact, many resist it. That is why it is important to communicate, communicate, communicate what it is that you are trying to accomplish and WHY.
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.
With the economy growing and interest rates rising, business leasing has become a hot topic. Companies are realizing the savings gained through leasing. As a result adoption rates are on the rise. Here are the 10 ways a Fleet Management Company (FMC) can help companies realize real savings through vehicle leasing.
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.
Leasing vehicle fleets effectively and efficiently is simple if you follow five key leasing strategies.1. Select the right lease type and terms for your use. 2. Select the ideal vehicles to optimize total cost of ownership. 3. Time the acquisition of your vehicles to minimize costs. 4. Have an exit plan before you acquire vehicles. 5. Take advantage of the benefits leasing has to offer.
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A fleet management program will dramatically improve your operating efficiencies, vehicle costs, and driver safety.