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Vincentric’s three-year, 60,000-mile projections reveal wide differences for both scheduled and unscheduled maintenance among selected vehicle categories. Projected maintenance visits also play a factor.
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Fleet Services has more than doubled in size with 1,500+ technicians nationwide, and FleetNet America has had record-breaking volume at 2.5 million calls.
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The ongoing difficulty in sourcing replacement vehicles is forcing companies to extend the service lives of vehicles that are unable to be replaced, which, inevitably, increases unscheduled maintenance expenses.
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Fleet data analysis can identify recurring downtime issues. It’s important to determine the root causes of downtime so procedures can be developed to minimize such problems.
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Five factors — vehicle complexity, unscheduled maintenance, parts delays, inflation and labor costs — have contributed to double-digit price increases.
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Learn about the impact the ongoing replacement part shortage is having on maintenance repairs in this week's State of the Industry video.
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Fleet budgets have been negatively impacted by escalating fuel prices, higher acquisition costs, decreased fleet incentives, unscheduled maintenance, and volatile upfitting expenses. One silver lining is strong vehicle resale values.
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Many factors continue to exert upward pressure on fleet maintenance costs (with longer service lives as the primary driver).
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Fleet fixed and operating costs are increasing across the board, in particular fuel prices, higher acquisition costs, lower incentives, and unscheduled maintenance expenses. The forecast is for fleet expenses to increase for the next three years.
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The ongoing difficulty in sourcing replacement vehicles is forcing some fleets to extend vehicle service lives beyond normal replacement parameters. As a result, there is an uptick in unscheduled repairs.
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