Every sports fan knows there’s a time when even the most durable athlete needs to retire. The same goes for commercial vehicles. When your duties include fleet management, you have decisions to make regarding your rapidly diminishing assets; implementing a vehicle cycling policy is a great way to manage the full cycle of your vehicle fleet.
Your goal is to maximize your fleet’s resale value. To do that effectively you need to consider the cost and eventual sale of your fleet during the purchase stage, ownership stage and selling stage. Fleet management requires you to make some very pragmatic decisions, like establishing your cycling policy based on vehicle mileage and usage, selling vehicles before they’re too expensive to operate.
Choosing vehicles that have the right options for higher resale value is important; so is keeping your vehicles maintained over the ownership period.
Your vehicle leasing partner can work with you on various strategies designed to help you sell for top dollar.
For more details, Click here: https://www.jimpeplinski.ca/vehicle-cycling-policy-explained/