Fleet costs are up across the board due to inflationary pressures. Acquisition costs have increased with minimal offset from fleet incentives. Interest rates are higher, impacting the lease vs. buy decision and companies requiring outside funding to replace vehicles.
Avoiding "Fleet Tunnel Vision"
It is critical not to lose the customers’ perspectives. What can be overlooked is that the costs captured in a fleet management information system only captures the small fleet portion — not the real costs of the overall organization.