Maximizing Fleet Leasing Benefits with Appropriate Maintenance Programs

fleet managmentAs we discussed in one of our recent articles, managing maintenance costs is a top concern for fleet managers. One of the consequences of fleets retaining their vehicles longer – often beyond replacement policy guidelines – is that many repairs fall outside of warranty coverage, which adds to maintenance costs. Across vehicle classes and years in service, the top five categories of spend are tires, brakes, preventive maintenance, engine, and electrical. Appropriate fleet leasing arrangements can provide major financial benefits in terms of fleet maintenance to ensure the routine maintenance of vehicles, including roadside assistance.

As any fleet manager knows, at the end of a fleet vehicle’s life, there are increased fleet vehicle maintenance and major repairs that become costly. Oftentimes, repairs cost more than what the fleet vehicle is worth. Additionally, a fleet vehicle that is stuck in the repair shop can cost organizations in terms of downtime. Choosing an appropriate fleet leasing program can help organizations optimize their fleet vehicle maintenance and replacement options. And since most leased vehicles fall on the newer side, there are generally fewer maintenance issues and less downtime overall.

Capital Lease Group’s Maintenance Programs

Capital Lease Group’s Maintenance Programs have been designed with our customers’ preferences and needs in mind. Maintenance options are always tailored to fit each company and organization according to size, location, and overall requirements to ensure that the program works for your company or organization.

Full Maintenance Program

For those companies that are local to our corporate offices, we are able to provide a Full Maintenance Program, which will remove the maintenance burden from you as well as allow you to budget for the entire life of the lease. Capital Lease Group will monitor vehicle history, making sure all routine maintenance is taken care of.

The Full Maintenance Program was designed by Capital Lease group to be a solution to those customers that would like to budget a set amount for the entire term of the lease. This program allows for maximum flexibility and ease of management. The program is handled completely from Capital Lease Group’s corporate offices and can be tailored to also offer preventative maintenance and loaner vehicles (depending on location), as well as all full-service maintenance. Restrictions are primarily based on the type of vehicle, its usage, and its operational location. Cost of the program is based on the term of the lease, mileage, and location. The cost will remain fixed for the entire term of the lease. Vehicle history will be monitored for the life of the vehicle’s lease and all routine maintenance will be assured of being taken care of.

Managed Maintenance Program

Companies that have their vehicles spread out all across the state or the country may elect to take advantage of our strategic relationship with the largest Network” of maintenance providers in the country by utilizing our Managed Maintenance Program. Through this program, we are able to provide national access to vendors at discounted prices. All repairs will be reviewed and authorized by ASE Certified Technicians prior to the repair being done, thereby making sure no needless work is performed, which will save your company money.

The Managed Maintenance Program is a Fleet Management Program with national capabilities, which is handled externally by our ASE-certified Fleet Management partner, Network. This is an unbundled “pay-as-you-go” program, which bills incurred maintenance charges monthly to the end user. There is a small monthly fee per vehicle that varies according to fleet size.

What Is Network?

Network is Capital Lease Group’s transaction processing solution. However, they are much more than that. What they truly bring to the table are savings, information, and most importantly, control. They are responsible for the overall maintenance of approximately 140,000 commercial vehicles.

Because of this sheer volume, they have developed proprietary systems and teamed that up with receiving volume discounts that they pass on to Independent Lessors, such as Capital Lease Group. The best way to think of them is similar to an HMO – you can get better pricing as long as you operate within the network since, they have created a network of 50,000 vendors (35,000 national accounts and 15,000 independents accounts) who want their business.

Another point that helps them stand out from their competition is who’s answering the phone. They have a call center that has won awards (Blue Seal Award) and is manned by ASE-certified technicians who have received the same certifications that the vendors who’d be calling for approval have received. Capital Lease Group has positioned itself, through partnership with Network, as a Maintenance Management tool that will allow your company to realize savings, monitor vehicle history, and control your fleet’s maintenance expenditures.

If you’re interested in learning more about Capital Lease Group’s maintenance programs and how we can tailor a program to meet the needs of your organization, please contact us.

Capital Lease Group is a leading fleet leasing provider in Massachusetts and beyond. We are committed to structuring a lease that will be designed to fit your business rather than having your business conform to the confines of a standard lease. We will invest the time to understand each customer’s individual needs while offering a full range of leasing services and products that will complement each customer’s goals. Our experienced staff of knowledgeable experts in sales, administration, and service will help you feel comfortable so that your main focus will be on your company’s vision while we handle all of your fleet requirements.