By Wheels, Inc.
One of every fleet manager’s major goals is to ensure that the fleet is operating in the most cost-effective manner by identifying opportunities for cost savings which have not been fully realized.
The following pages outline the most significant factors that ultimately affect fleet costs. Information is presented in a hierarchical format, grouping items by major cost categories: depreciation, fuel, maintenance, lease funding & fees, registration & tax and collision & safety. The impact of personal use policies and charges is also addressed.
For each factor presented, we also provide a general assessment of the potential impact each factor has on drivers. As certain factors can greatly affect drivers and overall fleet costs, others moderately, and still others only slightly, we have assigned differing levels of impact accordingly.
This information can be used as a checklist to determine if all opportunities are being pursued. The ranking of potential impact, while general in nature, may help establish a prioritization of new opportunities for your fleet.