Apply This Year’s Lessons to Control Variable Fleet Costs in 2022

If the battery on your crystal ball is low or needs a recharge, you can lean on us. We’re prepared to make a few predictions for the fleet management challenges you’ll face in 2022.

Are you ready? Here’s our best guess:

  • Everything will cost more and take longer than anticipated or desired.

Thanks for reading… good night.

Just kidding! Not about the prediction – that one we stand confidently behind. But don’t worry – we’re here for you.

Lessons Learned

Here’s a quick look at what we’ve learned in 2021 and how you can apply these lessons in 2022 to manage fleet maintenance and reduce fleet fuel cost.

What we’ve learned in 2021 Lessons we can apply in 2022
• Standard replacement cycles are being left far behind. • Continuously analyze vehicle usage and operating costs to identify units trending outside current average parameters.

• Parts shortages and supply chain delays are ongoing.

• Extended reliance on rental vehicles continues.

• Anticipate additional vehicle downtime as repair turnaround continues to lag.

• Budget for increased operating costs including higher maintenance and fuel as aging vehicles run less effectively and lose fuel efficiency.

• Adjust preventive maintenance schedules to accommodate longer lifecycles; enforcing compliance to the revised schedules will help control rising operating costs.

• Vehicle remarketing remains exceptionally strong with some used vehicles selling for more than their new car equivalents. • Use cash from used vehicle sales to offset maintenance costs due to vehicles being kept in service longer.

Implement Best Practices

The average age of vehicles on the road has increased from 10.9 to 12.1 years – the highest in recorded history.

If you are on our maintenance management program, here are some best practices you can implement to mitigate rising costs.

  • Enforce use of full service national account vendors such as Goodyear, Firestone, and Pep Boys (for light-duty vehicles) or International Fleet Charge and Paccar (for medium- and heavy-duty vehicles) in order to take advantage of pre-negotiated pricing as well as parts and labor discounts.
  • Limit the use of quick lube facilities. They are less capable of putting vehicles through a thorough, wheels-off PM service that can identify potential issues and upcoming repairs, minimize downtime, and reduce roadside spend and repair costs.

To learn how to manage fleet maintenance and reduce fleet fuel cost, read Effective Preventative Maintenance or the Why Change? e-book. You can also contact us to ask a question or request a meeting.

Also stay up-to-date with auto industry news and other current happenings by signing up for our twice-weekly newsletter, The Morning Brake, or monthly podcast, MOTIVE.

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