Why Fleets Need More Flexibility in Financing and Asset Strategy

Fleet management is getting more complicated, but that does not mean every program needs to become more rigid.

In this latest interview, AP Fleet Management President Alex Coveney explains why fleets may need a more flexible mix of owned, leased, financed, and rented vehicles as acquisition costs, resale values, tariffs, seasonal demand, and business conditions continue to shift.

Coveney discusses how fleets can maintain consistent operating practices while still leaving room to adjust when the market changes. He also explores where customization can make the biggest difference, how fleet partners can help reduce complexity, and why transparency matters when evaluating financing and asset management options.

The conversation also looks at the growing role of fleet data, technology, and AI in supporting smarter asset decisions. Rather than adding more tools for the sake of it, the goal is to use better information to determine when to acquire, replace, retain, lease, finance, or rent vehicles.

Watch for a practical look at how fleets can build an asset and financing strategy that meets today’s needs while remaining flexible enough to pivot tomorrow.

Want to learn even more about AP Fleet Management's evolution? Check out more with Coveney here today!