Controlling Creeping Fleet Costs

By Team Writer / February 20, 2017

Costs are rising and being responsible in identifying and preventing potential problems is the first step in keeping rising costs at a minimum. Smart decision making and product education help to expand the profit margins. Examples are: selling vehicles directly or using them as a trade in commodity and whether to outsource maintenance to another business or to keep it in house.

Key Takeaways:

  • Fixed costs generally boil down to decisions regarding the acquisition and disposal of vehicles
  • Vehicle leases have become popular, both as a short-term remedy to handle capacity spikes and as a long-term cost control measure.
  • Fleets tend to have greater problems controlling operating costs than fixed costs.

“A fleet that has stable, practiced cost-control measures in place will be stronger and better able to withstand down markets, rising fuel costs, labor shortages, or any of the myriad challenges fleet managers face today.”

About the author

Team Writer