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Fleet Management and Your Business

What are some things to consider when choosing a fleet management program?

I think for a rental company it’s important to be able to analyze at what point a particular asset stops becoming profitable and should be replaced. As a machine gets older, it tends to require repairs more frequently. So how does a rental company determine when does it reach the point where it is better off to replace a machine? A fleet management program that can help a rental company to determine when repair costs on a particular unit are too high for the amount of revenue it produces is a good thing.

answer provided by Michael Roth