The benefits of outsourcing parts of your fleet management include:

• Potential cost saving from greater purchasing power and cheaper maintenance rates.
• Removing residual value risk and the potential to achieve higher residual value on resale.
• Removing the risk from future unforeseen maintenance costs.
• No requirement for increased staff should your fleet size increase over time.

Consider the cost of retaining pool cars compared with utilising daily hire vehicles on an ad hoc basis. Daily hire usually offers the opportunity for cost savings since you only pay on use whereas pool cars incur costs whether used or not.

Where your fleet is associated with core activities, such as delivery vans or maintenance engineers, telematics can be used to monitor and improve utilisation. Speed limiters can also be fitted to ensure the vehicles are not driven beyond a maximum speed enabling better fuel efficiency and lower maintenance costs.