When analyzing a pharmaceutical client's lifecycle expenses and net depreciation, a Wheels Account Manager proactively identified a significant cost saving opportunity available by amending the replacement policy to slightly extend the vehicle lifecycle.
By conducting a thorough analysis including vehicle selector review, resale timing and maintenance expenses. Wheels was able to offer an alternative that did not compromise driver efficiency. This change would ensure improved acquisition costs and stronger resale values.
The Account Manager worked closely with the client to build a replacement program that reflected these observations for the client’s 1,800 vehicle fleet. The program resulted in measurable savings of over $1.4 million for the client over a two-year period. Throughout these two years Account Management regularly reviewed the situation by monitoring resale performance as well as maintenance costs.