Tuesday 19 June 2018

Tips for Reducing Fuel Costs

Maintaining your vehicle fleet and safety standards for your drivers doesn’t come cheap, but by implementing a few important habits and regular techniques on your vehicles, you can save money on fuel.  Start by making sure you take your vehicles in for regular maintenance and have routine tune ups done, including replacing spark plugs and fuel filters as per the manufacturer’s service recommendations. Take things one step further by making sure you are selecting the right vehicles for your fleet, taking into consideration what you will be using the vehicles for.  Once you have the fleet under your management, take some time to train your drivers: instruct them on driving techniques, such as not revving the engine, and avoiding excess speeding; encourage drivers to maintain consistent speed, avoiding regularly speeding up and slowing down, and also focusing on driving smoothly. Finally, avoid idling whenever possible, and don’t forget that vehicles do not require premium fuel to run optimally.  

Tuesday 5 June 2018

Are Your Fleet Vehicles Tying up Cash?

When it comes to operating a vehicle fleet it can seem like you are always handing money out, and never getting enough in return. Adopting some innovative financing solutions, like commercial vehicle leasing, can save your business money and free up some of the cash that is tied up in your vehicle fleet.  Start by considering a purchase leaseback of your fleet. Jim Peplinski Leasing can refinance existing leases/loans or re-lease your unencumbered assets to more effectively manage your fleet, your expenditures, and your cash flow. Finally, don’t forget to consider streamlining your assets with one lease provider, consolidating and restructuring how you manage your fleet leasing. Give us a call to find out more about these options.