March 28, 2022
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The 87th State of the Fleet Trade video produced by Automotive Fleet provides an up to date have a look at the state of the fleet market as offered by AF Editor Mike Antich.
🎙Immediately’s matters embody:
The fleet business has skilled extra change previous 24 months than any time in its 83-year historical past since its founding in 1939.
The rising consensus is that the affect the COVID could have a higher and longer affect on fleet than initially anticipated.
Difficulties sourcing alternative autos will prolong to the 23 model-year and could also be to 2024 model-year.
Common capitalized price of a fleet car elevated from $34,000 to $39,000 in calendar-year 2021.
⏱ Timestamps ⏱
3:38 Huge change within the fleet business inside the final 24 months
4:15 Impression of COVID on the fleet business
7:30 Difficulties sourcing alternative autos will proceed
7:59 Elevated capitalized price
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