Vehicle downtime is one of the most significant limiting factors for your company’s productivity in the competitive marketplace. Working with an established commercial fleet leasing company will provide you with the tools and services you need to minimize unplanned downtime and promote productivity for your drivers and fleet. This will often lead to greater profitability and increased capabilities for your company’s fleet as well. Here are some key points to consider regarding the cost of downtime for your business operations.
Not All Costs Are Obvious
While the cost of repairs and maintenance may be obvious, other expenses associated with downtime might not be so easy to spot.
- Lower productivity and the lack of working cars and trucks to take on new projects and new jobs may not be reflected directly in the balance sheet, but they are very real costs of downtime for your fleet vehicles.
- Breakdowns may cause delays in delivering products or services to clients, which could affect your company’s reputation in a negative way.
- Unplanned downtime may result in drivers being paid for time during which they are unable to perform their duties. This will reduce productivity and may put a damper on morale among your team.
- Extended repair times for your vehicles will typically require replacement with another car or truck from your fleet. This could lead to greater wear and tear on your fleet. If there are no vehicles available, you may have to contact your commercial fleet leasing company to procure a temporary or permanent replacement for out of service vehicles.
Planned downtime for routine maintenance is far less costly and offers greater protection against future breakdowns, which makes these tasks a good use of time for your company.
Reducing the Cost of Unplanned Downtime
While no strategy will eliminate unplanned downtime and vehicle breakdowns completely, regular maintenance is the first step toward reducing the number of breakdowns and expensive repairs. Fleet management and leasing company will ensure that your fleet vehicles are rotated out on a regular schedule and that they receive the recommended maintenance at the right time.
At Glesby Marks, we offer commercial fleet leasing services designed to minimize the downtime of your corporate fleet. Our commercial vehicle leasing services are tailored to your needs and include fleet maintenance, technology and acquisition services. Call our team today at 1-800-482-9498 to learn more about our lineup of corporate fleet leasing services. Glesby Marks is committed to demonstrating that we are the right choice for your fleet.