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Fleet FAQ

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Fleet FAQ? Fleet Management & Leasing

Q. Which pieces of data do we need to examine when evaluating our lifecycle strategy?

A. Using your fleet’s own data to create benchmarks that can then be referred to over time is the gold standard, and this data should cover the entire vehicle lifecycle. Ultimately, several types of data must be gathered in order to get a comprehensive picture of a vehicle’s lifecycle. A few examples of areas where fleet managers can glean data are telematics, fuel cards, and maintenance records. Industry averages and standards can also provide a streamlined and useful starting point.

Expert Bio

Answered by : Tom Coffey

Vice President

With over 30 years of experience Tom is an expert in both the fleet and equipment leasing industry. As a member of senior leadership he provides not only vision for the company, but also helps delivers best-in-class results across all operating areas. Tom is also instrumental in helping to elevate and advance the Merchant Fleet Management brand.

With over 30 years of experience Tom is an expert in both the fleet and equipment leasing industry. As a member of senior leadership he provides not only vision for the company, but also helps delivers best-in-class results across all operating areas. Tom is also instrumental in helping to elevate and advance the Merchant Fleet Management brand.

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Fleet FAQ? Fleet Management & Leasing, Questions?

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Q. Which is more optimal: short lifecycles or longer lifecycles?

A. Ultimately there is no one “right” answer when it comes to managing vehicle lifecycles. Determining which lifecycle strategy makes sense for your fleet involves understanding and even anticipating the types of maintenance that will be required at different stages of the vehicle’s life. For example...

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