The past 12 months posed major challenges for Australian fleet managers, with high numbers of vehicles left sitting idle with employees based at home. Many operators chose to defer vehicle replacement during this time, either seeking to manage costs, or recognising that vehicles were not travelling the predicted distances and so were still within ‘end of life’ milestones. As they now seek to realign these cycles, they need to juggle a complex landscape with rising interest rates and a more challenging business operating environment. In this context, it is important to make the right decisions around finance structures, to help drive greater efficiency within their organisation.
The ACA Fleet Finance & Insurance Insights Report maps the current market landscape, providing insight into F&I product usage, fleet’s approach to purchasing in these categories, and areas that providers could improve in terms of delivering services to this market. We believe that this report should be critical reading for finance and insurance providers servicing Australian Fleets, helping them tailor their offering to the unique needs and expectations of the market.
Length: 46 Pages
Published: July 2022