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Fleet FAQ

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Fleet FAQ? Fleet Management & Leasing

Q. How do we start the process of re-evaluating our lifecycle management strategy?

A. Companies can benefit substantially from having industry experts examine their data, identify trends, and evaluate which steps to take to make the most meaningful lifecycle gains for their fleet. FMCs can often provide technological platforms to centralize data and make it easier for fleet managers to access real-time information about how vehicles are performing. Finally, consultants can provide fleet managers with case studies and benchmarks from similar fleets that can be used for measuring and identifying best practices at each stage of the lifecycle.

Expert Bio

Answered by : Tom Coffey

Vice President

With over 30 years of experience Tom is an expert in both the fleet and equipment leasing industry. As a member of senior leadership he provides not only vision for the company, but also helps delivers best-in-class results across all operating areas. Tom is also instrumental in helping to elevate and advance the Merchant Fleet Management brand.

With over 30 years of experience Tom is an expert in both the fleet and equipment leasing industry. As a member of senior leadership he provides not only vision for the company, but also helps delivers best-in-class results across all operating areas. Tom is also instrumental in helping to elevate and advance the Merchant Fleet Management brand.

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Fleet FAQ? Fleet Management & Leasing, Questions?

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Q. Which is more optimal: short lifecycles or longer lifecycles?

A. Ultimately there is no one “right” answer when it comes to managing vehicle lifecycles. Determining which lifecycle strategy makes sense for your fleet involves understanding and even anticipating the types of maintenance that will be required at different stages of the vehicle’s life. For example...

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