Check out this recent blog article in Monitor Daily which details the optimal approach to a fleet replacement strategy.
When a disproportionate number of new units enter a fleet over a very short period of time, it can throw off the balance of older models and new (average fleet age), leading to inconsistent and potentially elevated maintenance expenses down the road. Patrick Gaskins, Group Vice President of Financial Services with AmeriQuest Transportation Services, highly recommends that fleets adopt an asset replacement strategy that assures that the average age of equipment remains fairly consistent. Benefits of even fleet aging include.
- Predictable resale value
- More effective budgeting
- Improved fuel economy