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Depreciation continues to be the largest fleet expense; however, fuel, as a percent of total fleet cost is growing (rapidly). Fuel expense is influencing vehicle acquisition strategies, with a direct bearing on future depreciation.
Read More →Depreciation continues to be the largest fleet expense; however, fuel, as a percent of total fleet cost is growing (rapidly). Fuel expense is influencing vehicle acquisition strategies, with a direct bearing on future depreciation.
Read More →FLD launched its sales depreciation calculator at the 2006 NAFA-FMI conference. This year, FLD offers an updated model with a range of useful features for fleet managers.
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Automotive Lease Guide’s Fleet Residuals model provides fleet managers with accurate used-vehicle value projections based on historical auction resale trends, seasonality depreciation rates, and incentive levels.
Read More →Some fleet managers say that extending depreciation schedules increases cash flow and saves money, because the TRAC adjustment is paid with cheaper, future dollars. Others disagree with this funding strategy.
Read More →When a company acquires an asset, or the use of an asset, whose value declines over time, that value must be appropriately reduced on the company's books. Vehicles are, without question, assets whose value decreases with use, and fleet managers must make the determination as to how quickly to reduce the original cost.
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Fleet managers have been pursuing cost savings forever. You're right. What is surprising to me is that in this era of virtual deflation for running costs (cheap gas) and the competition between outsourcing service companies as well as the street and sole-source incentives from the makers, where is one to look.
Read More →For the first time in history of fleet operations, the depreciation factor alone has reached an over 50 percent portion of total vehicle costs. Most authorities agree that result is directly attributable to indifference or lack of company politics that constitute better judgment.
Read More →If you can imagine for a moment that a leased car is a block of ice that begins to melt as soon as it is driven out of a showroom, you are well on your way to understanding the modern concept of automobile leasing.
Read More →Ford spelled out the details of its fleet leasing assistance program for 1964.
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