8 May 2020
Cost saving tips for Fleet Managers
How can Custom Fleet help my business?
At Custom Fleet, we understand the varying impact many businesses and industries are experiencing right now, and we remain focused on being able to help our customers navigate these challenging times.
We know there's a greater need for flexibility and savings, and we're here to assist our customers wherever we can.
There is always an to evaluate efficiencies, create new processes and identify cost savings and new ways of working.
Short term leases
Rather than paying high prices for rental vehicles, talk to Custom Fleet about our Next Lease offering.
We have a large range of ex-lease vehicles available on lease terms as short as 3 months. This can be a far more cost-effective alternative and provides businesses with the flexibility they need to grow.
Lease vs buy
Rather than outlaying capital to replace ageing vehicles, now might be a good time to explore the benefits of leasing instead. We maintain strong relationships across our large dealer network and given the volume of cars we purchase for customers each year, have access to exclusive, competitive pricing. As a Custom Fleet customer, you can leverage this buying power to achieve savings across your own fleet.
Sale and leasebacks
For eligible businesses who own their own assets, a sale and leaseback can be an effective way to re-direct funds into other important areas of your business. We understand that fleet is core to your business, but not your core business. By outsourcing the management of your fleet, you're able to refocus.
Review your fleet
To determine if your existing leases are fit for your current business needs, our Strategic Advisory Services team can conduct a review of your fleet to help identify inefficiencies. We can make modifications to certain aspects of your leases, such as reducing running costs, to ensure you continue to get the best value out of those vehicles. We can also assist with extending your current leases, particularly if now is not the ideal time to enter into new ones.
Other ways to reduce everyday costs
- Tolls - Limit the use of toll roads by taking advantage of minimal traffic on other roads during the lockdown period.
- Consider running costs - It's a good time to conduct tool and equipment audits to lighten vehicle loads and reduce fuel consumption.
- Maintenance - Use this time to schedule and get caught up on vehicle maintenance. Most providers are still open and have capacity.
Get in touch today!
Call 1800 812 681 or email enquiries@customfleet.com.au
