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Archive of posts published in the category: Fleet
Apr
11

Vehicle Fleet Definition – Entrepreneur Small Business Encyclopedia

Does your business need a company vehicle for making deliveries,
traveling to clients’ offices, carrying equipment and more? Whether
buying or leasing a vehicle is more advantageous for you depends on
a variety of factors. And if you need several cars or vans for
salespeople or delivery drivers, you may be eligible for fleet
leasing programs that can save you big money.

Leasing a small fleet of cars, minivans or pickups is easier and
more advantageous than ever. Businesses that buy or lease 10 or
more vehicles qualify as commercial fleet buyers and are given a
fleet registration number (obtained through the dealer), entitling
them to all available manufacturers’ and dealers’ fleet incentive
programs.

While manufacturers have always offered attractive discount
programs to commercial fleet buyers, there have rarely been such
programs for the small fleet lessee requiring fewer than 10 cars.
Nowadays, however, many dealers are beginning to offer their own
programs to business owners and will work with you to get your
business. In fact, some dealers can get you a fleet registration
number even if you lease only a few cars.

To decide whether fleet leasing is for you, sit down with your
accountant and estimate what it will cost, taking into account
monthly lease payments, insurance, gas, oil, maintenance and
license fees. Will you need to hire someone to manage the fleet? If
not, how will you keep tabs on regular tune-ups and administrative
matters?

You may decide it’s more economical to give your employees an
allowance and have them lease their own cars. These and other
questions should be put to your accountant before making a decision
on fleet leasing. Always check to see what the penalties are for
terminating a lease early, especially if your cash flow tends to
fluctuate from month to month.

The typical considerations of leasing are multiplied when you
lease several vehicles, so consider these possible pitfalls before
you sign on the dotted line:

  • Higher insurance coverage. Some dealers
    require you to increase your insurance coverage since they, not
    you, own the leased vehicles. Shop around for prices before you
    order your fleet because insurance can amount to a lot of money. As
    a business owner, you can probably get a blanket policy to cover
    both your business and your fleet.
  • Overextending your hard-earned bucks. Six
    shiny new vehicles in your company parking lot may boost your ego,
    but do you really need them? It’s easy to get carried away when
    ordering a fleet, so make sure you have analyzed your needs
    thoroughly before signing on the dotted line.
  • Neglecting to ask about mileage limits.
    These can vary radically and can cost you as much as 15 to 20 cents
    for each mile you drive the car over the limit. If you cover 50,000
    miles a year, it pays to buy rather than lease.
  • Failing to compare buying price with lease
    price.
    Dealers may have vehicles on the lot they are anxious to
    get rid of and will give
Apr
3

Fleet News | Car and Truck Leasing and Management


News





The controlled shutdown at Yokohama Tire Manufacturing Virginia (YTMV) goes into effect on April...

Due to the continuing impact of the COVID-19 pandemic, Yokohama Corporation of North America (YCNA) is temporarily suspending production at its plant in Salem, Va.



Blog Post





COVID-19 Offers Opportunity to Make a Dent in the Technician Shortage

Now is when the fleet industry should be proactively identifying these future technicians. The fleet industry has a window to tap into this idled labor pool, who will look attractive to other industries experiencing labor shortages leading to increased competition to recruit this talent



News





Paccar announced it is continuing its plant shutdown.

In response to the ongoing COVID-19/coronavirus pandemic, auto- and truck makers are announcing extended production and factory closures.



News





U.S. DOT and EPA Lower Gas Mileage Targets

The U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) and the U.S. Environmental Protection Agency (EPA) will increase the stringency of corporate average fuel economy (CAFE) and CO2 emissions standards by 1.5% each year through model year 2026, as compared with previous standards that would have required about 5% annual increases.


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Apr
1

Home of Digit fleet and fuel management systems

digit fleet and fuel management unitSaves directly to your PC

The Digit system is different to most competitor web-based systems. All vehicle trip data is stored on your local PC, so slow, frustrating internet browsing is a thing of the past. All you need to do is make a brief connection to the internet to download the tiny strings of position information to your local PC. Then all the trip processing, route building and vehicle data is stored for your immediate access. Viewing the data and compiling reports can be done completely offline. Not only will you save time and frustration, you will also save on 90% of your data costs.

digit fleet and fuel management cut vehicle tracking immobilizeDcut – Take control

The unique Digit Dcut solution is designed to give you total control of your vehicle in conjunction with the added security of immobilising you vehicle should the tracking system be removed. Often vehicles are stolen and professional thieves manage to trace the tracking device and remove or destroy it within seconds. Digit Dcut will recognise this and cut-out the vehicles engine so that the vehicle cannot be driven away. In situations where a vehicle has to be recovered, the Dcut system can be remotely activated by secure SMS to either bring a vehicle to a safe stop or prevent it from being moved.

digit fleet and fuel management unit inside Highest quality of manufacture

The heart of the tracking system is the hardware device, or black box that is installed in your vehicle. There is no use buying a luxurious expensive vehicle and then risk damage to it by installing a cheap low quality electronic product which will be connected to your vehicle’s wiring. From the ground up, the team of engineers has designed technically the strongest, most reliable, quality product so that you can trust the product safety and reliability. Our devices are locally manufactured at a fully ISO9001:2000 approved electronic manufacturing facility and using a solid audit trail from start to finish. All devices are actively tested, not just jig tested to ensure working product is always shipped.

digit fleet and fuel management gps antennaSuperior packaging

Enclosed in a rugged aluminium case has a number of advantages. Not only does it give a secure professional appearance but the shielding properties of the metal create a “faraday” cage around the modem, protecting it from RF signals which might disturb or jam the communication. The black powder coated finish is durable and makes the device easier to hide in a vehicle.[/text_output]

digit fleet and fuel management softwareUser friendly software that works

The software is designed to do it all for you, and with the easy to use button interface, accessing all the features, is now just a click away. All the trip information can be viewed as a list of events in a spreadsheet format, a series of graphs representing speed and acceleration or as a route on a map. Any report can be generated either using the custom reporting function or by exporting the data to an Excel spreadsheet. Limitless ability to add vehicle details, calculates fuel costs, log business mileage. The system will produce a full

Mar
31

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