To determine whether an extended warranty is right for your fleet, review vehicle usage, lifecycles, and replacement policies.
Running Trucks Till the 'Wheels Fall Off' is Expensive and Counter-Productive
The cliché in fleet management is that trucks are kept in service until the wheels "fall off." In many cases, this isn’t too far from the truth. Typically, the more expensive the asset, the longer it will be kept in service, especially units upfitted with expensive auxiliary equipment. However, as study after study shows, extended truck replacement cycles often have the unintended consequence of resulting in greater long-term expenses and degradation in worker productivity.