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Fleet FAQ

Fleet FAQ? Fleet Management & Leasing

Q. What are some of the benefits of a leased vehicle program?

A. A leased vehicle program gives a company more control over their budget. With a lease program, spikes and dips in reimbursement rates can be avoided, and reimbursement fraud can be more easily mitigated. Total cost of ownership can also be mitigated through increased safety and driver accountability controls. When a company provides the vehicle, they can choose more efficient models with enhanced safety features or install telematics. Under a leasing program, they can also add maintenance exception reporting to notify them when vehicles are overdue for service to help avoid costly repairs.

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.

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Fleet FAQ? Fleet Management & Leasing, Questions?

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