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Considering a Motor Pool? Get Expert Answers

Q. In today’s pandemic environment, why does sharing vehicles makes sense?

A. Sharing vehicles is the most effective means of increasing vehicle utilization and driving down fleet costs. There are few, if any, fleet initiatives that will deliver the same cost reductions and efficiencies to an organization (and its drivers) that running a shared vehicle fleet will. Understanding the bottom-line costs of idle vehicles, especially during the COVID-19 pandemic environment, is critical to saving, and perhaps even enhancing, your fleet. Every idle vehicle sitting in a parking lot costs an estimated $3,500 - $6,000 per year in insurance, depreciation, maintenance, parking, staffing per year. By efficiently sharing vehicles, you can eliminate the cost of idle vehicles while still achieving your mission and providing vehicles needed by your employees. Want to know the 4 signs that now might be the best time to implement your motor pool? Read this article.

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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