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While the past twelve months have presented challenges, Doering took this opportunity to listen to our customers and understand their changing needs.

With the changing economy, business leasing has become a hot topic. Companies are looking for ways to preserve cash and reduce costs. This blog discusses how companies realize real savings when leasing vehicles through a Fleet Management Company (FMC). This blog also discusses the impact the 2020 economic downturn has on the value of vehicles both new and used.

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.

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.

Doering CEO, JW (Chip) Doering discusses the advantages of working with a fleet management company versus acquiring vehicles on your own through a dealership.

The Doering team understood that Electric Vehicles would soon become intregal to the fleet management industry.

The sharing economy is slowly changing cultural thinking. More and more people prefer to use rideshare services like Uber or Lyft instead of owning a vehicle. Fast forward several years. Booking use of a vehicle will become the norm, driving up vehicle utilization and driving down the number of vehicles on the road and taking up parking spaces. No longer are we expanding roads and fewer parking structures will be built.

Electric vehicles sales in the US surpassed one million vehicles in 2018. The consumer traction is significant but fleet and government/municipal sales are growing rapidly. Madison, Wisconsin and New York City are sporting EV taxis. Nashville and Chicago have EV-only black car services. There are good reasons why municipalities and local governments are making the move to electric vehicles.

Doering Fleet Management recently celebrated 30 years in business. A lot has changed over those years but one thing has not. The appreciation we have for our clients has not changed! All of us at Doering genuinely care about our clients and love what we do and for whom we do it!

Doering Fleet Management recently launched two new websites: a corporate website (DoeringFleet.com) and a Tesla focused website (MyTesLease.com). The new websites were designed to represent their depth of experience, breadth of knowledge, and commitment to client success and satisfaction.

Doering Fleet Management, a nation-wide fleet management company, is expanding its geographic reach by establishing additional regional sales offices. The most recent expansion in August 2019 included a Nashville, TN office and an Oklahoma City, OK office. A Central Plains office in Omaha, NE was opened in early 2018.

Brookfield, WI: Doering Fleet Management, a nation-wide fleet management company, announced the promotion of Adam Berger to President. Doering’s long-time Vice President of Sales - Adam Berger - has become President effective August 1, 2019.

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.

Professional leasing and fleet management companies (FMCs) offer an alternative to the dealership experience. By enlisting the services of an FMC, there is a good chance you never have to leave your office! You certainly do not need to enter a dealership.

Do you dread the vehicle buying experience through a dealership? Purchasing vehicles at a dealership can be confusing, high-pressure, and unreasonably time-consuming. It is inconsistent and so is the staff. Dealerships are not your only option, especially if you are buying vehicles for company use.

Car dealerships are designed to do transactions with individuals. Dealerships likely won’t offer a business the proper fleet rebates (which are typically higher than consumer rebates) and don’t have true business lease products available.

Telematics is helping to shape driver behavior with real-time feedback. Nearly everything is more fun if it is organized as a game or competition. Driving is no exception. Gamification of driving safety adds a new dimension and competition (personal and peer) that benefits the company.

The world of transportation is changing rapidly and the change is driven by the technology that has made ridesharing, car-hailing, and vanpooling easy. This sharing economy is forcing businesses to rethink how they utilize vehicles.

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.

In the following video Adam Berger of Doering Fleet Management explains how he helped an organization that merged five companies and five different fleet management approaches into one cohesive fleet management strategy.

You CAN lease new or used vehicles. Leases pay for depreciation or the difference between the original purchase price and the value of the vehicle at the end of the lease.

Many companies, especially those in the trades, think they damage their vehicles too much to lease. This is completely untrue. Well-written fleet leases account for the value at the end of the lease. The ultimate goal is to plan accordingly on the front end of the lease so the company does not have any negative surprises at the end of the lease.

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.

Fleet leases are structured based on utilization and can be written based on 10,000 miles or 50,000 annually. Leasing allows business owners to pay for the portion of the vehicles they use. This naturally reduces monthly payments compared to financing a vehicle where the intent is to build equity.

Leasing allows you to preserve capital, use it for strategic reasons, and deploy capital when opportunities present themselves allowing you to capitalize on those opportunities. Leasing also provides sales tax savings in almost every state and dramatically improved income tax benefits.

Fleet leasing is NOT consumer leasing. Fleet leasing is a financial alternative with a built-in exit strategy. Fleet leases are typically three to five years and are customized based on how you intend to use the vehicles.

Dealerships are not the only option for acquiring vehicles especially if you are acquiring vehicles for fleet use. Professional leasing and fleet management companies (FMCs) offer an alternative to the dealership experiences. If you are already using an FMC you are saving time and money by avoiding the dealership.

Recently, we had a discussion with our service team about what is more important: to be liked or to be trusted. It’s a bit of a chicken or the egg argument because both are important especially when it comes to building long-term relationships with customers.At Doering, we approach our relationships with a couple things in mind.

Most leasing companies offer a “one-pay” or “single-pay” lease. In a single-pay lease, the lessee makes one lump sum payment as opposed to monthly payments spread over the length of the lease. Because the payment is made up front, the total monthly payments are reduced for an interest credit.

With the economy growing and interest rates rising, business leasing has become a hot topic. In fact, almost 30% of new vehicle acquisitions are leased. Companies are realizing the savings gained through leasing. As a result adoption rates are on the rise.

Managing a fleet of vehicles is a job requiring professional attention. Many organizations turn to professional Fleet Management Companies (FMCs) to help them manage their fleet. With any business partnership, fit is critically important.

When you send work crews out on a job do they moan and groan about the vehicles you’ve provided or are they excited by the newer model they get to drive? Are some of your vehicles costing you more than they’re worth because they spend more time in the repair shop than on the job-generating revenue for your business?

Feet managers, controllers, CFO’s, and company executives have discovered fleet solutions provided by third-party fleet management companies (FMCs) help free up time and allow them to focus on the strategic priorities.

Paradigms have shifted. In the past five years, the world of transportation and how people move from place to place has changed rapidly. The future is happening now.The automotive world is colliding with the software world, with the Internet of Things (IoT), and with cell phone providers. Vehicles are more connected – to the internet and to one another.

Company culture is integral to the executive fleet program and culture sets the tone for the program. How flexible is the program when it comes to selection and types of vehicles offered? Is there any consideration for the message the type of vehicle sends to customers and employees?

Maybe your company is growing and you need to expand your fleet. Maybe your vehicles are costing you too much in repair costs and need to be replaced. Well, what do you do?You could go to your bank and use your line of credit or dip into your capital reserves. Or maybe, you could just use someone else’s capital and preserve your own for growth activities.

The ideal time to sell a vehicle is when the depreciation cost and the repair and maintenance costs are at their lowest. This is based on a cost per mile (“CPM”) calculation. The CPM equals the annual cost to operate a vehicle divided by annual miles. The target is to cycle vehicles at the point at which CPM has trended down and begins to uptick.

Is your fleet operating as efficiently as possible? Do you gauge its performance against benchmarks and industry best practices? With the emergence of advanced data analysis and innovative technology within the fleet landscape, such as telematics, AI, and alternative energy sources.

Imagine a world where buying vehicles was fun and you knew you received what you wanted at a great price. Imagine a world where you felt as though you had an ally and advocate in the process who knew your needs and expectations. Imagine a world where you did not feel the information about car buying was stacked against you.

The most impactful of these fleet technologies is telematics. Telematics not only evaluates and records driver behavior, but enhances fleet safety by monitoring road conditions and vehicle upkeep. Telematics technology can improve driver performance and vehicle maintenance dramatically.

Fleet management is a job requiring professional attention. Ensuring you have a firm grip on all aspects can be difficult while running a business. In order to improve your fleet operations, consider what functions should be outsourced and what should be done in-house.

A top strategy for selling fleet vehicles starts years earlier with vehicle selection. Proper maintenance, condition, and cleanliness have a meaningful impact on resale as well.

Establishing a company culture where safety is a priority requires a conscious effort by leadership. Team managers must verify driving habits align with company policies. A plan should include triggers for corrective action related to incidents, infractions, and preventable accidents. This plan should be followed consistently.

A top strategy for selling fleet vehicles starts years earlier with vehicle selection and continues with proper maintenance. Selecting the proper options, colors, and features when acquiring vehicles yields greater returns when selling vehicles at the end of their holding periods.

Twenty-seven percent of greenhouse gas emissions in the U.S. today comes from the transportation sector. Vehicle fleets with a high environmental impact should consider their carbon footprint and institute strategies to reduce emissions. For transportation sectors large and small, evaluating business from an environmental perspective can translate into cost-savings.

Managing a fleet of vehicles internally is time-consuming. As your fleet grows, the administration and management of all the details can be overwhelming. Many fleet managers, controllers, CFO’s, and presidents have discovered fleet services provided by third-party fleet management companies help them focus on the strategic challenges that occur and solve issues that arise.

Operating a fleet internally means spending time and resources maintaining, tracking and administering the fleet. These are valuable resources that should be used to grow the organization, not manage the fleet. We hear many stories from business owners and leaders that are distracted by the challenges of managing their fleet when more pressing business issues deserve attention.

The Memphis News, a special weekly edition of The Daily News, featured Doering Fleet Management in a recent article. The article discusses the future of autonomous, electric vehicles in the automobile industry, prompted by Tesla’s release of their fully electric semi truck.

Corporate wellness programs aim to improve the health of employees. Fleet Wellness is a similar concept aimed to improve the health of your business fleet. This approach is based on the theory that by measuring and managing certain aspects of a vehicle fleet, vehicle fleet performance improves markedly.

Choosing the best company vehicles starts with selecting the best type of vehicle for your use. Do you need pickups or vans? Would a taller profile vehicle work better? Do your vehicles require upfitting such as ladder racks or internal shelving? Is your fleet of vehicles for a sales force? What vehicle works best for their use?

The diminished value paradigm may seem logical, but when it comes to managing the financial impact of an accident, especially when you’re not at fault, opportunities to recoup monetary losses are invaluable. Luckily, you have a resource to reestablish your vehicle’s worth: a diminished value claim.

Part 1 covered vehicle qualification for sales tax exemption using a transportation company.Next, we will discuss how to establish a transportation company and what’s required on an ongoing basis to operate a transportation company.

Many states’ sales tax laws (including Wisconsin) exempt companies from paying sales tax on vehicles, leases, and maintenance if they use their own fleet of trucks to deliver goods to their customers. Exemptions are statutory, not loopholes, and are closely regulated but can save companies significant costs.

Fleet wellness measures performance against benchmarks and industry best practices including cost savings, cash flow, tax, operational efficiencies, administration, driver safety, and reliability. Use this infographic to discover the 5 tenets of fleet wellness.

Does your fleet maintenance program consist of a folder for each vehicle and a spreadsheet tracking oil changes, tire rations, and tune-ups? Do you lose sleep over those costly, disruptive repairs that weren’t in the budget? Are you telling yourself, there must be a better way to manage the maintenance of the fleet? If this sounds familiar… read on!

For small businesses like CreativeXteriors, risks associated with accidents and safety issues with the vehicle fleet can be significant. According to their fleet manager safety is the number one priority for the company.

Telematics is changing the way fleet operators manage their drivers. Read more to learn how 1-800-GOT-JUNK reduced the risk of its team of inexperienced drivers and improved overall customer service by using Geotab’s telematics technology.

Crown’s drivers reduced idling from 70 minutes per day to 7 minutes per day over a few weeks time. Translating these minutes into dollars results in $1,500 – $2,000 dollars in cost savings per month. This is a direct result of the data collected from Geotab’s telematics system and the initiative of Crown’s fleet manager.

Purchase price is important when you evaluate your vehicle choice, but resale value is equally important if not more important. It is often overlooked so we feel it’s a critical topic. Some vehicles depreciate faster than others and therefore will change the economics of vehicle decisions. Vehicle life-cycle costs look at three factors: acquisition cost, resale value, and cost to operate.

Vehicle recalls can be a pain to manage, especially if you are a small fleet. You need to find time to schedule the repair, incur vehicle downtime while the vehicle is at the dealer, and you may need to transfer tools and equipment to other vehicles. Add the potential revenue loss and you will understand why fleet managers dread recalls.

Think of the world where there are driverless vehicles. Vehicles could be sent for errands like picking up parts while the technician continues his task, or take the elderly to their appointments, or bringing customers to and from a shopping center.

When the time comes to get a new vehicle or a new fleet of vehicles, it is important to weigh out your options between leasing and buying. Leasing is a great, money saving option. It lowers monthly payments as well as income tax benefits.

It is risk. Telematics is a tool that helps to manage and reduce risk. It’s also evolving and incorporating new devices, technologies, and metrics. Dashboard cameras, driver feedback in real time, and competition around driver safety are not the future. They are here today.

Fleet managers face many challenges including heavy workloads, an abundance of telematics data, and aging vehicles. In order to improve your fleet operations and better support your fleet manager, consider what functions should be outsourced and what should be done in-house.

The economic crisis in 2008 was a tumultuous time. The automotive industry took a blow to new vehicle sales and the annual vehicle production rate dropped from 17 million vehicles per year to under 10 million vehicles per year.

We’ve had some clients who used to be of the mindset of running vehicles into the ground but now that they understand how open-end leasing can work to their advantage, they have changed how they operate their fleet.

Personal use may include using the vehicle to commute to and from home, run personal errands between work activities, or use the vehicle at night or on weekends. If you decide to allow personal use of vehicles, here are some of the considerations to include in your company policy:

Your company currently purchases vehicles and you want to save time and money through leasing. Many companies have made the switch to leasing and have worked with a fleet management company for their leasing needs and for comprehensive fleet management. Partnering with a fleet management firm can help you lower acquisition costs, free up cash, right-sized your fleet, implement technology solutions to manage vehicle maintenance, and improve vehicle selection

Identifying the top myths of business vehicle leasing was easy. Reducing it to 7.5 was more difficult.Addressing the myths is harder yet. There are numerous misconceptions about fleet leasing.Education and information are the cure.Please read on to dispel the wives’ tales of leasing for business and get the honest truth!

Current e-log systems, known as automatic onboard recording devices (AOBRD), don’t comply with the final rule. If you use a current e-log or ELD system, the compliance date is pushed to December 17, 2019. Fortunately, if you use new versions, you may be able to make the transition through software updates, thus minimizing costs.

Use your vehicle to create brand awareness and get the word out about your company. Vehicle wraps are an effective means of outdoor mobile advertising with tens of thousands of daily impressions. Vehicle wraps are designs that typically cover all sides of a vehicle and feature large, easy to read print.

First, what is a small fleet? For purposes of this piece, we define it as 50 vehicles or less. Companies have different approaches to managing their fleet. Some assign dedicated fleet managers, while others divide responsibilities among several employees. Many companies choose to outsource all fleet management duties to a third party.

Managing a fleet of vehicles encompasses a wide variety of daily tasks. This article discusses the top 20 industries that see massive benefit from utilizing a fleet management company relationship.

Tuesday June 27, 2017 – Ford Motor Company issued a massive recall on three years of manufactured Ford Transit vehicles. It addresses problems Ford has had with cracked flexible driveshaft couplings. Separation of the driveshaft can result in collateral damage to the brake and fuel lines, heightening the risk of passenger injury and vehicle crash.

Telematics is helping to shape driver behavior with real-time feedback. Nearly everything is more fun if it is organized as a game or competition. Driving is no exception. Gamification of driving safety adds a new dimension and competition (personal and peer) that benefits the company.

Knowing your drivers well is not enough. Trusting drivers plus verification is the future of fleet risk management. Risk management has been the #1 issue in fleets the last several years – not cost! Telematics solved this dilemma and does so elegantly, inexpensively and positively. Drivers benefit in the end.

Being a fleet manager requires you to wear numerous hats to maintain a healthy fleet. We created this helpful infographic to explain the eight areas of fleet management and what each of them entails.

When is a Sale and Leaseback beneficial to my business?A sale and leaseback is a financial transaction where a business sells vehicles owned by the business to a leasing company and leases them back. The business continues to use the vehicles but no longer technically own them.

You finally found the ultimate business lease versus buy analysis! A proper business lease versus buy analysis looks at vehicle use, utilization, cash, tax and fleet administration.It is important to understand how the lease versus buy decision fits into your overall strategy and whether it is aligned with your corporate goals. Define what you are trying to accomplish. Is it cost savings, capital preservation, tax benefits, and/or cash flow?

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.

A well-written lease takes into consideration the anticipated use of the vehicle, whether it is the number of miles that will be driven or the condition of the vehicle at lease-end. Simply stated, with a lease you avoid paying for the vehicle life that remains when you no longer want to use the vehicle.

Fleet management is evolving rapidly and many tools are available to effectively implement your Fleet Wellness Program. Consider which tools are right for you and implement those that help you achieve your overall Fleet Wellness objectives. Let’s dive into the fourth tenet of our five-part Fleet Wellness Program series.

Technology is constantly progressing and it seems to be evolving at the speed of light. Cars, trucks, and buses that operate without a driver behind the steering wheel are coming sooner than we expected and will most definitely change our lives. Computers began as mainframes and a decade later can be worn on a wrist. Technology evolution is rapid and profound and it’s coming to vehicles.

There’s no denying that autonomous vehicles hold a great potential for improving travel safety. Statistics from the National Safety Council estimate that there were approximately 40,000 deaths caused by vehicles in the United States in 2016 alone, making it one of the deadliest years yet. Autonomous vehicles (AV’s) have the power of safety and the ability to save lives, save injuries and save property damage.

I used to think the Mercedes S-class and others like it was the source of the newest and most innovative technologies. I then realized that is a “yesterday car” as innovative and safety-gadget- laden as it may be, built by a yesterday auto industry OEM attempting to evolve a yesterday car rather than build cars of tomorrow from the ground up. The

It is time for a new wave of technology that promises to change commercial vehicle fleets forever. We’re talking about Autonomous Vehicles (AV). The transformation will be in part on the driverless phenomenon, but also the promises to increase overall productivity, lower the rate of accidents, cut traffic congestion, and reduce emissions in metro areas.

Fleet Wellness measures performance against benchmarks and industry best practices including cost savings, cash flow, operational efficiencies, driver safety, and reliability. The program builds on the holistic fleet management concept that many factors cultivate a great fleet. One or two are important but an optimal fleet addresses all facets.

This is the third of five key pieces that explain Fleet Wellness. We have covered the first two Fleet Wellness tenets: Strategy and Measurement. The third is Total Cost Management, a much more holistic and inclusive look at fleet costs than is common in automobile analysis. It’s lifecycle costs and a lot more.