One of the most important considerations for fleet managers is how long you want to keep your trucks. Are you the type of fleet who wants to run every truck for a million miles, or do you want to keep a tight trade-in cycle so you’re almost always operating relatively new equipment?
Obviously, the answer to this question will depend on your fleet and what it’s set up to do. And it’s important to run the numbers on the costs of new trucks versus the repair, maintenance and other costs associated with older trucks.
Fleet Advantage is a company that deals in data analytics for fleets, advising fleets on exactly this question and many others. So I spoke with Jim Griffin, chief operating officer and chief technology officer for Fleet Advantage, to ask him about how Fleet Advantage evaluates truck life cycles, and what fleets should be looking for.
Listen to the episode below.