Consequences of Extending Vehicle Replacement Cycles
Many organizations and businesses across nearly all types of industries have been challenged to do more with less when it comes to their budgets and ensuring expenses are reduced and limit their capital expenditures. Fleet vehicle operations are high on capital expenditure reports and get
pressure to defer vehicle replacement.
Through extensive analysis, arbitrarily extending or deferring a fleet replacement schedule becomes counterproductive and ends up costing more.
- Maintenance costs and unwarrantable repairs often occur in the last 15% of a vehicle's life
- Downtime for vehicle & employees is a critical cost of aged vehicle repairs
- Roadside breakdowns and issues increase with likelihood and frequency as the vehicle ages
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