On January 1, all diesel trucks will turn into pumpkins. Not exactly, but some fleets have about as much information regarding the ramifications of the stringent 2007 emissions regulations covering heavy-duty diesel engines.
Do you know how to get relief from that mileage penalty, or how to get a bin package for next to nothing? We asked leasing companies and leasing-related service companies to give us some tips and strategies on how small fleets can save money and time when leasing their fleets.
Domestic automakers are bending over backwards to prove their value. The loyal work-truck buyer may stand to benefit the most.
Some claim average returns of $1,000 over wholesale. The tradeoff is the time spent researching pricing, managing listings, and building a reliable reputation.
Two systems vie for market share. Yet major engineering challenges must be overcome before either gains full acceptance.
Driver reimbursement continues to be the wrong choice for commercial fleets for a number of reasons, ranging from HR issues and corporate safety concerns, liability exposure and tax consequences to employees.
As fuel prices stay persistently high, retail buyers are shying away from new and used sport/utility vehicles, triggering a softening of resale values in the whole-sale market. Retail demand for new SUVs declined dramatically during the summer by as much as 20-30 percent.
Replacement tires are a fleet’s third-largest operating expense. And this expense is growing.
More than 600 fleets currently use biodiesel, according to the U.S. Department of Energy. This number promises to grow based on several recent announcements.
What is biodiesel fuel? Produced from vegetable oils, the clean-burning biodiesel can be used in conventional engines with few, if any, modifications and is distributed through existing infrastructures.
Automotive Lease Guide’s Fleet Residuals model provides fleet managers with accurate used-vehicle value projections based on historical auction resale trends, seasonality depreciation rates, and incentive levels.
Through LeasePlan’s reDrive! upstream remarketing program, powered by Driveitaway, Philips Medical Systems’ fleet has increased net realization by $106,000 as of mid-February 2006, selling 159 vehicles.
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