Vehicle Replacement

9 Questions to Ask When Determining Your Truck’s Lifecycle

Determining when exactly to cycle your vehicles is a fine balance among many factors, from acquisition, through operation, and resale or asset disposal. Here are nine questions to answer when you’re deciding when and how to best cycle your trucks.

How to Avoid Becoming a Prisoner of ‘Legacy Behavior’

“But it works; it’s always worked!” Everyone, at times, becomes a slave to what has worked in the past. That’s how we’ve always done it, we say. But in a rapidly changing fleet world, legacy behavior isn’t always the best way

What’s Your Backup Plan?

Despite all leading-edge technology and bleeding-edge regulations that are being thrust upon the fleet market, there is a gaping hole in many fleet plans. What to do when a vehicle, or a whole bunch of vehicles, are suddenly not available?

How to Avoid Running a Truck Until its Wheels 'Fall Off'

Truck lifecycles can be calculated to the mile and the dollar. This can help fleets replace vehicles at the optimal moment.

Schindler Elevator Replacing 500 Sedans With Toyota Prius Two Models

The company said it expects that replacing its existing sedans with these hybrids will reduce greenhouse gas emissions by 42% when comparing the sedans to the Prius Two.

Vehicle and Equipment Inventory

This section delves into average fleet age and replacement cycles, as well as total units for various agencies.

GE Capital Fleet Services Identifies $347 Million in Cost Savings for Customers in 2011

EDEN PRAIRIE, MN - GE Capital Fleet Services identified customer cost savings for the full year of 2011. By analyzing and benchmarking fleet data, GE Capital helps customers determine areas to maximize cost savings and increase productivity.

GE Capital Fleet Services Identifies $64 Million in Savings for Customers in Q2

EDEN PRAIRIE, MN - The total identified cost savings for customers in the first half of 2011 was $123 million, according to GE Capital Fleet Services.

Commercial Fleet Buying Intentions Remain Cautious for 2011-MY

Corporations continue to be uncertain about the strength of the economic recovery. As a result, companies remain cautious about their fleet ordering volumes. Many are right-sizing vehicles and lengthening replacement cycles.

Deferring Vehicle Replacements is Counter-Productive to the Intended Goal

During economic uncertainty, senior management demands expense reductions and limits capital expenditures. Since fleet is usually among the top 10 corporate capital expenditures, there is pressure to defer vehicle replacements. However, this cost-containment strategy misses the point that all fleet-related expenses, both fixed and operating, are influenced by when a vehicle is replaced. Cost reductions in acquisitions are often offset by rising costs elsewhere.

Average Business Mileage Reaches 65% of Pre-Pandemic Levels

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