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What are the factors to be considered when selecting a new or replacement fleet?

When buying and selecting vehicles for your fleet, there are four main considerations: Operational needs. It is vital to consider the suitability of a vehicle for a fleet drivers job function and operational needs. Costs. Costs can play a significant role in fleet selection. Safety and technology. Environmental impacts.

What is the life expectancy of a fleet vehicle?

The average lifespan of a fleet vehicle is usually between three and five years, depending on the make and model. During that time, the vehicles value depreciates steadilyso if you wait too long to sell, you wont get as much money for it.

How long do companies keep fleet vehicles?

Traditionally many fleets rotate vehicles out every three to five years or 60,000-100,000 miles as a matter of company policy. While this predictable cycle helps optimize lifetime costs, we are now seeing many vehicles easily being able to cover this amount of mileage without the urgent need for replacement.

When should a fleet vehicle be replaced?

Replacing fleet vehicles depends on age, mileage, use, and safety features. Generally, you want to replace your light-duty vehicles every four years or around 100,000 miles. However, for medium-duty to heavy-duty vehicles, times can vary greatly due to the variety of factors involved.

How to create a vehicle maintenance plan?

It normally consists of: A list of assets that need to be maintained, with historical and manufacturer information. The whereabouts and detailed information on spare parts. In-house and external personnel with their skills and experience. Maintenance tasks with instructions.