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Some claim average returns of $1,000 over wholesale. The tradeoff is the time spent researching pricing, managing listings, and building a reliable reputation.
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Keeping output torque at a lower level by overspecing engines and reducing gear ratios may save up to $200,000 a year for a truck fleet of 100.
Read More →Establish a valuable business relationship with your fleet service provider by becoming a proactive fleet manager. Ask questions, identify measurable goals, and keep open lines of communication.
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As fuel prices continue to increase, many fleet managers look for ways to control fuel expense. Strategies include adopting a fuel management program, taking proactive steps to increase mpg, and moving to smaller, more fuel-efficient vehicles.
Read More →Three years ago, the average vehicle had two airbags. Today, vehicles can be equipped with as many as six airbags. Replacing a supplemental restraint airbag system can cost $2,000 to $8,000, depending on accident severity.
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The Commonwealth of Pennsylvania became the first state in the nation to make use of electronic lien and title, or ELT, by vehicle lien holders mandatory.
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Although fuel prices have hit a record high, you can take actions to maximize your fleet’s fuel efficiency. Here are 20 suggestions for drivers to follow to increase fuel economy. most won’t cost you a cent.
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Replacement tires are a fleet’s third-largest operating expense. And this expense is growing.
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The accident rate for fleets averages around 20 percent, with some industries, such as pharmaceuticals, even higher. In other words, 20 percent or more of your vehicles will be involved in an accident annually. In terms of your fleet safety program, any vehicle-related accident should be viewed as a defect.
Read More →As fuel prices stay persistently high, retail buyers are shying away from new and used sport/utility vehicles, triggering a softening of resale values in the whole-sale market. Retail demand for new SUVs declined dramatically during the summer by as much as 20-30 percent.
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