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27 03, 2019

Fleet Trends Affecting Total Cost of Ownership

By | March 27th, 2019|Fleet Finance|Comments Off on Fleet Trends Affecting Total Cost of Ownership

2019 has seen the rise of both operational and fixed costs for fleet trucks. There are several reasons for this trend of rising costs in fleet ownership. The initial acquisition cost has become higher due to prices set by manufacturers, while the fuel costs are going up on account of the rise in the commodities’ [...]

26 11, 2018

Industries That Should Rent Trucks

By | November 26th, 2018|Fleet Finance, Fleet Management|Comments Off on Industries That Should Rent Trucks

Amid the myriad industries that rent light duty trucks, many are the perfect fit. Each industry, where it makes the most sense to rent trucks, are in construction of some type where business is done on a project basis. This is the key: project-based work. Cyclical Work Organizations that rely on project-based work understand their [...]

12 09, 2018

Rent, Lease, or Buy – That is the Question for Fleet Managers

By | September 12th, 2018|Fleet Finance, Fleet Management|Comments Off on Rent, Lease, or Buy – That is the Question for Fleet Managers

As a fleet manager, you’ve likely wrestled with the decision to lease or buy your fleet. There are definitely pros and cons to each. But, what about renting? Have you ever considered renting some or all of your fleet? It’s a viable option to add to the mix. Some organizations swear by purchasing their fleet, [...]

13 08, 2018

Building Your Commercial Fleet: Benefits of Renting Vs. Buying

By | August 13th, 2018|Fleet Finance, Fleet Management|Comments Off on Building Your Commercial Fleet: Benefits of Renting Vs. Buying

Whatever your business, building a fleet of vehicles can be costly and take a lot of time. There are essentially three ways to go about building a fleet of vehicles. You can buy, lease, or rent them. Of course, there are pros and cons of each, and some real benefits for one over the other. [...]

30 07, 2018

Fleet Maintenance and Insurance: Is it more cost effective to Own or Rent Your Fleet?

By | July 30th, 2018|Fleet Finance, Fleet Management|Comments Off on Fleet Maintenance and Insurance: Is it more cost effective to Own or Rent Your Fleet?

One thing fleet managers are always trying to do is to reduce fleet costs. The reason is simple: sometimes the cost of a vehicle fleet is one of the biggest expenses any company encounters. Fleet management is a delicate balance, and there are several ways to control this expense. The question becomes is it more [...]

13 06, 2018

I Own 2 Bikes but I Rented a Bike 10 Times Recently. Here’s Why!

By | June 13th, 2018|Fleet Finance|Comments Off on I Own 2 Bikes but I Rented a Bike 10 Times Recently. Here’s Why!

I'm a salesperson. My company rents pickup trucks and passenger vans. The objection I hear most when I make calls to potential customers is “I own my own trucks. We don't need to rent them!” On a related note, I love to ride bikes. I personally own two. In fact, my family owns eight of [...]