Fleet News

Parts prove a blind spot for fleet chiefs

IN a Fleet Cost Management survey almost 80% of fleet operators admitted they did not know the price of parts, while 38% said they were unaware of the typical labour rate they paid.

The difficulty arises from the variety of spare parts available - both original equipment, and aftermarket products - which can vary in both price and quality. Jeremy Snowden, managing director of FCM, described the results of the survey as very worrying, and called for the creation of an industry benchmark for parts prices.

He claimed there was no need for the price difference between OE and aftermarket parts, with very little evidence of component failure in either sector, and that there was plenty of scope for manufacturers and dealers to compete on price in the fleet sector. The industry parts pricing benchmark he proposed would allow fleet managers to obtain a handle on what they are paying.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment


No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee