State of the Fleet Industry: The “Rip Van Winkle” View of Today’s Fleet Market – State of the Fleet Industry


March 28, 2022

This episode is sponsored by:

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Study extra concerning the Circle K Fleet Card.

 

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 ⏱














0:00 Intro














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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