Blog How to Cut the Costs of Your Fleet

How to Cut the Costs of Your Fleet

  • #ADAS
  • #Fleet Management

Cost management can be a burden for every fleet manager but a lot of these costs can be avoided

14.02.2022

In 2022, managing a fleet of cars can generate significant costs for a business. Between the cost of insurance, maintenance, fuel, repairs, parking…it all adds up. How, then, can we cut the cost of our vehicle fleet?

Jack has some helpful advice!

Managing a fleet of cars can be quite an onerous task. While Jack by AGC has done its bit for businesses, rest assured that there is a whole load of handy tips that can reduce the costs associated with your fleet of cars.

Raise the awareness of your staff

Good communication with your teams is absolutely vital. Raising your staff’s awareness effectively, and regularly, about how to behave in a more responsible and environmentally friendly way is a sure-fire way to reduce your costs: whether it’s behaviour behind the wheel, the price of fuel or indeed car-sharing, get your teams involved in the management of your fleet.

Compare and optimise

Keep a close eye on your contracts and optimise them if need be. Whether that’s rental contracts, insurance contracts, maintenance contracts… It’s always possible to make savings at this level, by frequently analysing and comparing the competition.

The ADAS system

When you’re choosing the vehicles in your fleet, choose the ADAS system as a built-in option. This driver assistance system helps drivers avoid dangerous situations that could lead to an accident. Built into your vehicles, it has a significant impact on the cost-savings.

Choose a hybrid car

What if your fleet of cars made the switch to hybrid? Opt for a smooth transition, for a greener fleet. The classic or rechargeable hybrid models are the next big thing, with increasing numbers of fleet managers enticed by them. Hybrid vehicles offer lower maintenance costs than combustion-fuelled cars that run on diesel. The oil filter doesn’t need to be emptied and changed as often, and there is only limited wear and tear to the brake pads. What’s more, you’ll benefit from numerous tax-deductible benefits because you’re doing something that is environmentally friendly.

Conduct an audit to optimise processes

To improve the management of your fleet, it is essential to identify any potential malfunctions. A full audit will show you the strengths and weaknesses of your car policy and thus the precise changes that need to be made to it. The audit of your fleet can be
conducted by the fleet manager himself/herself. If you would like a more qualitative and expert result, and particularly if your fleet is made up of electric vehicles, we recommend bringing in a consulting firm.

Choose your flagship model wisely and aim to have a single provider

Choosing which vehicles will make up your fleet is not something to be taken lightly. Depending on the make and model, you might notice a big difference, for instance, between the fuel consumption or the rate of CO2 emissions. So, make sure you calculate the
purchase price but also the price of use before making your decision. If you use a single, unique showroom when assembling your fleet, you will undoubtedly benefit from certain savings, whether in terms of the maintenance, the repairs or indeed the purchase costs.

Monitor the management of your vehicle fleet

Monitoring the management of your fleet is the simplest and safest way to reduce the costs of your fleet of cars. Whether it’s by using an Excel spreadsheet that you check each day, or via fleet management tools, establishing a process dedicated to the management of your vehicles will enable you to foresee, and therefore avoid, a number of costs. Management is all about foresight.

In conclusion, we should monitor every aspect of our fleet rigorously, and regularly, to achieve constant optimisation and thus better cost savings. And because, in 2022, the business world is achieving a greater awareness about sustainability and ecology, care is being taken to assemble a greener fleet.