Frequently Asked Questions

What are some best practices for managing and optimizing my fleet operations?

Being part of a structured fleet management program can help you realize greater productivity and cost savings. Our services can help you manage the entire lifecycle of your fleet so you can focus on your core business and streamline administrative burdens. We recommend protecting both your drivers and company from risk through annual motor vehicle checks and robust driver safety training. Additionally, in terms of managed maintenance, we can help you gain access to a national network of maintenance providers and unmatched buying power. For instance, Element’s national account maintenance network realizes 8 – 15% cost savings

    Our end-to-end fleet services include:
  • Safety and collision management
  • Managed maintenance
  • Fuel
  • Taxable benefits
  • Tolls and violations

What are the most critical considerations for fleet planning, budgeting and acquisition given today’s OEM production delays?

OEM production delays have caused challenges for many fleets. However, there are many ways that you can control fleet spend and take advantage of opportunities for better fleet performance. From vehicle acquisition, financing to fleet electrification, we can help you reduce both your fixed and variable fleet costs.

    For example, Element can help you:
  • Plan your vehicle acquisition strategy for the upcoming model year
  • Make you aware of available fleet discounts and vehicle incentives
  • Extract value from aging fleet and address cash constraints through a sale lease back
  • Re-amortize leased vehicles to improve financial cashflow

How can I maximize my investment and make continuous improvements to my fleet performance?

Partnering with an experienced fleet management company can help you see the whole picture and uncover insights that drive results. Some fleets have decentralized operations and siloed reporting systems, making it difficult to understand their fleet’s total cost of ownership. Through centralized inventory management, detailed reporting, and robust benchmarking, Element’s strategic consulting team will empower your data-driven decision making for reduced costs. In addition, the team’s analytical tools and technologies will enable you to make informed decisions about future spend including vehicle allocation and determining the optimal timing for vehicle replacement.