DES PLAINES, IL – Wheels, Inc., announced that Regional Sales Manager Art Failla led a discussion on a number of current fleet challenges in his “Acquisition and Disposal” session at the February 2006 National Association of Fleet Administrators (NAFA) Fleet Management Seminar. The seminar was held Feb. 12-14 at the Hilton Scottsdale Resorts and Villas in Scottsdale, Ariz. Topics covered during Failla’s session included:

  • Pros and cons of employee-provided versus employer-provided vehicles.
  • Reimbursement programs.
  • Acquisition management.
  • Factory invoice and leasing document terms.
  • Development of a vehicle selector list.
  • Lifecyle analysis.
  • Importance of depreciation management.

    “The vehicle acquisition and disposal discussion is an essential topic for every fleet professional,” Failla stated. “By providing a comprehensive understanding of the cost elements that comprise depreciation – a fleet's largest and most controllable cost factor – my goal is to help provide attendees with the tools needed to minimize the total lifecycle costs of their fleets,” he continued. “Our participation in training at NAFA seminars underlines the ongoing commitment of Wheels, Inc. to build knowledge capital throughout the fleet management sector.” With more than 25 years of experience in the fleet management industry, Failla has been responsible for both client service and business development in the Southeastern U.S. region since joining Wheels, Inc. in May 2000. He has been instrumental in developing cost-reduction measures, including alternate-fuel conversions and vehicle “right-sizing.” NAFA, an association for the automotive fleet management profession, held programs on Policies and Procedures, Fleet Department Structure, Acquisition and Disposal, Maintenance and Technology, and Accident and Safety Management during the seminar – each taught by a fleet professional. Invited attendees included fleet managers and professionals, finance and purchasing directors responsible for fleet programs, and safety and risk department supervisors.

  • Originally posted on Fleet Financials