SERVICES
Open-End Leasing – Your Key to Business FlexibilityLeasing allows the business to pay for only the portion of the vehicles they use. This reduces the monthly payment when compared to financing a vehicle where you pay and finance 100% of the vehicle and pay tax on the total price.
Is Your EV Fleet Prepared for a Lithium-ion Battery Fire?When compared to gasoline and hybrid vehicles, electric cars have the lowest number of fires per 100,000 sales. Electric vehicles are powered by lithium-ion batteries and EV fires are typically related to the battery. While electric vehicle fires occur less frequently, they burn longer and hotter than other fires. This is due to a chemical reaction in the battery called thermal runaway.
BEST PRACTICES – MANAGING AN EV FLEETElectric vehicle (EV) fleet management requires a different approach compared to managing a fleet of traditional combustion engine vehicles. Here are some best practices for EV fleet management:
Managing Vehicle Lifecycles in High-Mileage ScenariosWhen it comes to football, vehicle shortages and supply chain interruptions, “The best defense is a strong offense,” says a fleet manager for the Tennant Company. The past year or two has been particularly challenging for fleet managers, so many are finding it necessary to employ a variety of tactics in order to stem losses, delays, or added costs.
Fleet leasing is NOT consumer leasing. Fleet leasing is a financial alternative with a built-in exit strategy. Fleet leases are typically three to five years and are customized based on how you intend to use the vehicles.
Dealerships are not the only option for acquiring vehicles especially if you are acquiring vehicles for fleet use. Professional leasing and fleet management companies (FMCs) offer an alternative to the dealership experiences. If you are already using an FMC you are saving time and money by avoiding the dealership.
Recently, we had a discussion with our service team about what is more important: to be liked or to be trusted. It’s a bit of a chicken or the egg argument because both are important especially when it comes to building long-term relationships with customers.At Doering, we approach our relationships with a couple things in mind.
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Most leasing companies offer a “one-pay” or “single-pay” lease. In a single-pay lease, the lessee makes one lump sum payment as opposed to monthly payments spread over the length of the lease. Because the payment is made up front, the total monthly payments are reduced for an interest credit.
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With the economy growing and interest rates rising, business leasing has become a hot topic. In fact, almost 30% of new vehicle acquisitions are leased. Companies are realizing the savings gained through leasing. As a result adoption rates are on the rise.
When you send work crews out on a job do they moan and groan about the vehicles you’ve provided or are they excited by the newer model they get to drive? Are some of your vehicles costing you more than they’re worth because they spend more time in the repair shop than on the job-generating revenue for your business?
Is your fleet the healthiest it could be?
Take action and learn the best practices for Fleet Wellness®.
A fleet management program will dramatically improve your operating efficiencies, vehicle costs, and driver safety.
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