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SEARCHCoverage of replacement cycles, age and mileage thresholds, vehicle availability, replacement timing, delayed replacement, and strategies for determining when fleet assets should be retired or replaced.
Knowing when to sell or hold is key in 2025. Discover how fleet professionals use data and TCO insights to make smarter remarketing calls.
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Extending replacements too long can result in added repair and maintenance costs but replacing a vehicle too soon can leave money on the table in terms of vehicle life.
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Extending truck replacement cycling parameters beyond stated fleet policy is typically a short-term tactic used by senior management to solve a budgetary constraint; however, there are long-term fleet consequences to this strategy.
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The more expensive the asset, the longer it is kept in service; however, the need for short-term cost savings prompts some fleets to even further extend cycling parameters and defer replacements.
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Running your fleet vehicles longer isn't always the most cost-effective choice.
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In today’s uncertain economic times, it is not unusual to push out truck replacement cycles. While an attractive short-term tactic, fleet managers need to be aware of the long-term consequences.
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