Fleets
It costs a lot to lease or buy a fleet of company cars. Corporate fleets can also tie up a lot of resources and capital. There are also the 24/7 liability cost for fleets. Not surprisingly, corporate vehicle fleets are coming under great scrutiny by their companies.
Managing fleets requires extensive resources and attention,
including:
- Price negotiating
- Buying/leasing
- Insuring
- Maintaining
- Repairing
- Selling/disposing
The Runzheimer Plan, a smart alternative to traditional fleets, offers several advantages. Among them:
- Significant capital is no longer tied up in vehicle fleet
- Managed liability
- Tax advantages for companies and employees alike
- Reduced or controlled business vehicle costs
- Minimized program administration
- Employees choose the vehicles−and accessory options−they drive for business