Fleet Replacement Planning
One of the most significant
issues that fleet managers face today is adequate funding to replace vehicles
and equipment. Often the deciding factor to replace an asset is solely based
upon the amount of surplus funds available to allocate to fleet replacement.
This can have a devastating impact on the reliability, safety, and maintenance
cost associated with an aging fleet. As fleet consulting firm we are aware of
these issues and the financial methodologies necessary to resolve replacement
funding obstacles.
Our team of consultants have
worked with numerous fleet operations, both large and small, to develop fleet
replacement plans and funding strategies that ensure the timely replacement of
vehicles and equipment. Whether you decide to use commercial paper, bonds,
certificates of participation to purchase asset our fleet consultants can advise
you on the benefits and issues with each funding source. We can also develop
replacement plans that model leasing, cash purchases, buy back programs, and a
variety of other financing strategies.
Additionally, our fleet
consultants can provide you with charge back rates to recuperate expenditures
for replacing vehicles and equipment. Our methodology for developing replacement
rates was developed by Paul Lauria, our President, over 17 years ago. Since that
time this methodology has allowed dozens of fleet operations to replace assets
that they would otherwise be unable to fund for years. |