Budgeting for fleet vehicles is more pronounced than ever. Here is how to navigate IRS mileage reimbursement for fleet management.
Vehicle ownership and operating cost analyses reveal inflation, fuel prices, and acquisition costs underpin new mileage rate.
In the Coronavirus new normal, fleet managers need to keep a finger on the pulse of these emerging trends: take-home privileges; vehicle shortages and accident repairs; insurance adjusters; and massive mileage fluctuations.
In the current economic climate, getting the most value out of present assets by reducing vehicle wear and tear, increasing fuel economy, and promoting sustainability — and then measuring it all — is the new normal.
Are your fleet drivers using company vehicles for personal use? Setting policies regarding family use, age limits, driving infractions, and other behaviors helps reduce risks and limit liability.
Choosing between the two types of commercial leases involves understanding your fleet driving patterns, your internal fleet management capabilities, and your appetite for risk.
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