Historically, many fleets have had a long-standing policy of replacing vehicles when they reach a specific mileage or months-in-service plateau.
Wheels takes this a step further by closely reviewing our clients’ replacement policies, and working with them to build a program that considers numerous other factors to identify cost-saving opportunities. This includes providing online tools such as Vehicle Replacement Optimization, which recommends a specific month for replacement on a vehicle-by-vehicle basis, and FleetView and DriverView, which enable easy, error-free ordering, allowing you to take advantage of our recommendations.
One Wheels client, for example, had been replacing all vehicles based strictly on mileage. Our Account Management Team worked with the client via our Vehicle Replacement Optimization tool and determined that there was potential to greatly reduce depreciation costs by shifting the replacement cycle so that used vehicles entered the resale market during the peak fall remarketing period.
This was accomplished via a detailed lifecycle cost analysis, and we encouraged the client to use DriverView to enable early ordering to accommodate the new resale timetable. This shift netted the client measurable savings of over $1,000 per vehicle. This tremendous cost savings would not have occurred were it not for the strategic thinking of our Account Management Team, and is just one example of the many successes that come with the advice and counsel offered by this group.