C.P. Services Maximizes Fleet Resale Value, Saves on Maintenance

Background

Location: Anzac, Alberta, CA

Fleet Size: 54 Vehicles

Industry: Government

THE CHALLENGE

Operating a decentralized fleet posed significant management challenges and diverted attention from C.P. Services’ core business. Additionally, retaining their fleet vehicles for 12 years led to high and unpredictable maintenance and fuel costs, complicating monthly budgeting.

THE SOLUTION

Enterprise Fleet Management presented an analysis of the total cost of ownership and illustrated how centralizing management through the client website could enhance visibility. They demonstrated the value of cycling vehicles every four years instead of 12, identifying a potential 16% reduction in total cost of ownership.

THE RESULTS

Enterprise Fleet Management sold C.P. Services’ older fleet vehicles at a resale value 34% higher than initially estimated, generating $90,000 in revenue. Average fleet age also improved by four years, resulting in a 16% savings. Maintenance costs were reduced by 30% through the implementation of Enterprise’s maintenance program. C.P. Services has been able to reduce administrative burdens as Enterprise streamlined paying vendors, tracking upcoming services, maintaining maintenance files and finding nationwide preferred maintenance vendors.

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