TORRANCE, CA - An Automotive Fleet study on fleet vehicle depreciation expenses revealed replacement cycles for several segments appeared to remain steady since 2005. The information is based off data supplied by Automotive Resources International, GE Capital Solutions Fleet Services, LeasePlan USA, PHH Arval, and Wheels Inc. from 2005 to 2008 of more than 1.5 million vehicles.
Fleet Replacement Cycles Remain Steady
TORRANCE, CA – An Automotive Fleet study on fleet vehicle depreciation expenses revealed replacement cycles for several segments appeared to remain steady since 2005.