Tips for improving vocational fleet ROI
- Be sure a vehicle is properly spec’ed for its work. Each has a particular
job to do, so it has to be spec’ed and built for that work. A properly
spec’ed vehicle may cost more at the outset, but it performs better and
has a higher ROI than one that’s not.
- Determine the optimal life cycle for your MD/HD vehicles. Longer life cycles
typically outweigh maintenance costs, provided the vehicle’s age doesn’t
result in long periods of downtime, performance problems and higher overall
costs.
- If you purchase large quantities of vehicles in any given year, be
sure to budget in advance for tire replacement costs, same-type repairs,
etc., when all come due at the same time, to keep from getting caught short.
- Match vehicles to routes. Put gas-powered vehicles on low mileage, flat
routes, and diesel vehicles in high mileage, high idle time or high weight
applications.To extend their working lives, you can then rotate lower mileage
vehicles onto higher mileage routes and vice versa.
- It pays to audit drivers’ files from time to time to ensure they
have proper documents and comply with Department of Transportation regulations.
Focus on eye testing, traffic violations and physical examinations.
- Refurbishing an older vehicle vs. buying a new one is risky business, so
look at the tradeoffs and choose carefully. Caveats include technological
obsolescence, lower fuel economy due to advances in engine electronics, and
Internal Revenue Service depreciation guidelines—all can have negative
impact on a refurb.
- Conduct cause-of-breakdown analyses to discover the top five maintenance
offenders (tires, brakes), then adjust your PM program so it targets those
factors.
- For vehicles operating in weather or driving extremes, quality synthetic
lubricants are a good maintenance choice because they resist heat and oxidation
much longer than petroleum oils, thus cutting vehicle downtime and extending
drain intervals and component life.They can also improve fuel economy and
ultimately lower overall life-cycle cost.
- Motor oil analysis can cut back on major failures of MD/HD engines. For
these tests, use an independent, certified laboratory that does spectral
analysis.
- To extend the life of your retreads, check air pressure regularly with
a calibrated tire gauge. Be sure to maintain the same correct pressure in
each dual wheel position tire, to keep both within acceptable diameter range
and help eliminate the danger of a double failure. Also check vehicle alignment
on a regular basis. A properly-done front-end alignment doesn’t cost—it
pays.