5 Considerations When Determining a Lifecycle Strategy
There are many components that go into creating an effective lifecycle strategy, and, ultimately, there is no one “right” answer when it comes to managing vehicle lifecycles.
…Vehicle replacement plan
Aging Assets Are Destroying Your Fleet Efficiency
Save Thousands with a Customized Vehicle Replacement Plan
Without a clear vehicle replacement schedule, you can easily overspend by up to $3,500 per vehicle a year due to increased maintenance costs, downtime impacts, and lost fuel savings.
Don’t Let Aging Assets Sabotage Your Fleet’s Bottom Line
By leveraging real-time data, Merchants Fleet can analyze your assets and establish a customized replacement schedule so you can plan replacements at the optimal lifecycle point and take control of your bottom line.
It’s important to understand that a vehicle can be in good physical condition, but well beyond its economically efficient life. While a general rule of thumb is for sedans to be cycled at 36 months or 75,000 miles, and light duty trucks to be cycled at 48 months or 100,000 miles, a vehicle replacement plan is tailored to the type of vehicles and use applications in each unique fleet.
Benefits of a Vehicle Replacement Plan
- Save thousands of dollars in excessive maintenance and costly downtime
- Take advantage of optimal resale values
- Benefit from advancements in fuel efficiency
- Enhanced driver safety features
Our expertise in negotiating OEM volume discounts can even result in higher incentives for your fleet.
Discover What You Could Be Saving
Merchants has helped our clients uncover thousands of dollars in fuel savings alone by replacing their aging vehicles. Contact us to see what you could be saving with a customized vehicle replacement plan from Merchants.
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