THE NUMBER 1 RESOURCE FOR VOCATIONAL TRUCK FLEETS
Search Close Menu

Fleet FAQ

Sponsored by

Fleet FAQ? Fleet Management & Leasing

Q. Which is more optimal: short lifecycles or longer lifecycles?

A. Ultimately there is no one “right” answer when it comes to managing vehicle lifecycles. Determining which lifecycle strategy makes sense for your fleet involves understanding and even anticipating the types of maintenance that will be required at different stages of the vehicle’s life. For example, the tradeoff for fleets who leverage a longer lifecycle in order to reduce or even eliminate lease payments will be more costs related to non-preventative maintenance. Meanwhile, fleets that utilize shorter lifecycles will have more predictable maintenance cycles due to the predominantly preventative nature of their repairs, but they retain a regular lease payment.

Expert Bio

Answered by : Tom Coffey

Vice President

With over 30 years of experience Tom is an expert in both the fleet and equipment leasing industry. As a member of senior leadership he provides not only vision for the company, but also helps delivers best-in-class results across all operating areas. Tom is also instrumental in helping to elevate and advance the Merchant Fleet Management brand.

With over 30 years of experience Tom is an expert in both the fleet and equipment leasing industry. As a member of senior leadership he provides not only vision for the company, but also helps delivers best-in-class results across all operating areas. Tom is also instrumental in helping to elevate and advance the Merchant Fleet Management brand.

More

Fleet FAQ? Fleet Management & Leasing, Questions?

Sponsored by