Fleet Vehicle Lifecycle Management
Create and validate replacement policies and cycle vehicles at the right time.
Make data-driven decisions about asset acquisition and replacement
Vehicle lifecycle management is one of the most challenging aspects of managing a fleet. Fleetio takes the guesswork out of your replacement strategy and helps get a better return on investment from your assets.
Stop running vehicles into the ground
Project the optimal replacement range for each vehicle based on utilization, operating costs, depreciation, salvage value and more. Estimate when vehicles should be defleeted helping to build an informed replacement policy and to keep total ownership costs at a minimum.
- Create replacement policies
Use our Fleet Vehicle Replacement Formula tool to estimate when a vehicle should be replaced. See how changes in estimated service costs, remarketing and utilization change the suggested replacement timeline.
- Apply assumptions and monitor performance
Associate your replacement policy with each vehicle and see how it’s is progressing towards useful life expectancy based on your projected replacement timeline.
- See upcoming replacement demand
Better anticipate replacement activities over the next few years. Get a bird’s-eye-view of projected replacement timelines for your entire fleet.