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Market Trends

Resale Losses Prompt Some Management to Reconsider Driver Reimbursement

September 4, 2003, by Mike Antich

A few fleet managers are voicing concern that their senior management is reacting to the current resale losses on their fleet vehicles by questioning the necessity of offering company-provided vehicles. They ask whether driver reimbursement might be a better option since it eliminates the company's vulnerability to downwings in used-vehicle values.

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Mike Antich

Editor and Associate Publisher

Mike has covered fleet management and remarketing for more than 20 years and entered the Fleet Hall of Fame in 2010.

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