Tag: Fleet Lifecycle
Deciding the lifecycle of a vehicle is a strategic decision that affects operational costs and a company’s bottom line. The decision could depend on the intended use of the vehicle, the terrain and environment in which it operates, and the impact of maintenance costs and downtime to business.
This is a decision that many (if not all) fleet managers have to face at some point. It may seem like a good option, given the low mileage, but holding on to a vehicle with low LTD miles may end up being more expensive than initially expected.
Because of the tight budgets of most university fleets, proper management is essential. Using technology and a savvy fleet manager, today’s universities can deliver exceptional service to their students through proper utilization of their fleet vehicles.