Keith Laylo, commercial manager, said any company with ten or more vehicles on the road can benefit from fleet analysis, regardless of their vehicles’ makes or models.

“A lot of fleet customers don’t know what their fleets are costing them,” said Laylo. “A lot of companies are keeping their vehicles until they run the wheels off them, and it’s actually costing them money.”

Laylo explained that often, the nature and details of a track lease may offer unrealized financial benefits that can be identified with a fleet analysis.

“A company may set their vehicle’s residual with the value on it to be a particular amount, say, at the end of four years. And the analysis may show that their vehicle is most likely going to be worth more after four years than what the residual was. So, they can actually sell or trade that vehicle. They have options — they could take that vehicle’s positive equity and put it back in their business, or they could use it toward the next vehicle,” said Laylo. 

Best of all, a fleet analysis is completely free. A company provides Beach Automotive Group with fleet information, and Laylo and his team prepare a presentation custom designed for that company. 

One recent client, who has 49 cars in their fleet, had a nice surprise at their presentation.

“We did their fleet analysis, and over five years, we’re saving them $689,000,” said Laylo.

In addition to potential cost savings, a fleet analysis also provides companies with up-to-the-moment information on their vehicle’s location, driver behavior, maintenance needs, and more. 

“There’s a telematics part of it, where they can see where their vehicle is in real time,” said Laylo. “Every three seconds it updates, so if they have an employee that’s out of their service area, they can Geofence. If someone is idling their car for a long time, burning your company’s gas, you can see that.”

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