The limited the availability of replacement units for many fleets is forcing vehicle service lives to be extended. As a result, fleets are implementing “fleet preservation” strategies to mitigate the negative impact of operating higher-mileage vehicles beyond their normal lifecycles.
Preventive Maintenance Costs Increase 3-5% in 2021
A variety of factors converged to exert upward pressure on preventive maintenance costs, such as longer vehicle service lives due to limited product availability, the ongoing transition to synthetic oils, and higher labor rates to attract scarce technicians.