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Maintenance Costs

Extended Service Lives Demand Preservation Strategies

The rule of thumb has been to replace vehicles before the operating costs trend line starts to exceed that of fixed costs. But what happens when you can’t source replacement vehicles due to order allocation restrictions?

Forecast: Fleet Costs Will Continue to Escalate

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.

Increasing Fleet Expenses are Straining Corporate Budgets

Despite continued supply chain issues, fleets are tasked with replacing vehicles. In this State of the Fleet Industry video, Mike Antich explores current inventory and ordering challenges, gas prices, fleet maintenance costs and controlling a budget.

Inflationary Price Pressures Increase Maintenance Costs

Among the factors contributing to increased maintenance expenses has been increased miles driven, supply chain constraint, parts shortages, longer downtime, and a tech shortage exerting inflationary pressures on labor rates.

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