Every fleet asset depreciates over time except fleet intellectual capital, which appreciates in value the more expansive it becomes and the longer it is used. Fleet management is a very complex profession. Fleet Manager Expertise requires a tremendous amount of...
Extended replacement cycles for short-term capital expenditure savings often have the unintended consequence of resulting in greater long-term expenses. Typically, assets with higher capitalized costs will be kept in service for longer lifecycles, especially if those...
Five of the most widely used fleet segments among light-duty fleets saw relatively low depreciation in 2019. The five segments — which include pickups, vans, SUV/CUVs, compact sedans, and midsize sedans — all depreciated at a lower rate than the overall 12-month...