Fleet FAQ

Considering a Motor Pool? Get Expert Answers

Q. Can sharing vehicles in a motor pool mitigate the impact of COVID-19 on my fleet?

A. Yes. Budgets are getting cut everywhere. The single most effective way to reduce fleet costs is to reduce unneeded vehicles and share needed vehicles efficiently. Sharing vehicles allows organizations to revise budgets to eliminate monthly fixed costs for unused vehicles sitting in a parking lot. You can also eliminate replacement costs for unused vehicles, and reduce costs for things such as maintenance, insurance, depreciation, parking, and staff time to manage them, and more.

Nearly every segment of the fleet market is experiencing low utilization rates due to the pandemic. Idle vehicles are costing organizations hundreds, thousands, or even hundreds of thousands of dollars per month. While no one knows for certain when we will return to normal, it is certain that every additional day that we go without changes to fleet operations is an additional day of an opportunity missed to save money. To calculate the financial impact the COVID-19 pandemic has had on your fleet, use our free Fleet Waste Calculator, and access our article offering strategies for cutting costs.

Expert Bio

Answered by : Ed Smith

President of Agile Fleet

Ed Smith is an expert in fleet right-sizing and vehicle sharing, with extensive program management and systems engineering experience in the fleet industry. Mr. Smith has been a featured speaker at numerous fleet industry events, and has been frequently quoted in Government Fleet Magazine and FleetSolutions Magazine on right-sizing and other topics. Along with NAFA Fleet Management Association, he is co-author of the popular e-book, the Ultimate Guide to Fleet Utilization and Achieving a Right-Sized Fleet.

Ed Smith is an expert in fleet right-sizing and vehicle sharing, with extensive program management and systems engineering experience in the fleet industry. Mr. Smith has been a featured speaker at numerous fleet industry events, and has been frequently quoted in Government Fleet Magazine and FleetSolutions Magazine on right-sizing and other topics. Along with NAFA Fleet Management Association, he is co-author of the popular e-book, the Ultimate Guide to Fleet Utilization and Achieving a Right-Sized Fleet.

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Considering a Motor Pool? Get Expert Answers, Questions?

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