THE PAIN POINTS OF A FLEET PROGRAM
Vehicles are a necessary part of company opera on. Many small and medium-sized businesses
opt for fleet vehicles to avoid the hassle of reimbursement while offering their employees a
benefit. But fleet vehicles aren't cheap and expose companies to legal risk.
The facts of fleet are straigh orward. Leased or
purchased, the company remains responsible for
fleet vehicles. A serious accident could result in a
lawsuit targe ng the company. Addi onally, fleet
programs cannot scale up or down to respond to
sudden economic changes.
When business is booming, a fleet requires
addi onal vehicles. When it's down, idle vehicles s ll
require lease payments and will depreciate in the
parking lot un l they're sold. While some employees
may enjoy the benefit, another vehicle program can
provide similar benefit without the financial liability.
$11,619 PER YEAR IS SPENT ON AVERAGE for a single mobile worker
who is part of a company-provided vehicle program
OVER 3x
the number of accidents
occur in fleet programs
than the overall U.S.
driving popula on
Total U.S.
Popula on
6%
20%
Fleet
Programs
FLEET ACCIDENT
FREQUENCY
SMALL & MEDIUM BUSINESS
SHIFTING FROM
FLEET TO FAVR
