Fleet News

Wise to shop around

THE bigger a fleet, the more frequently it reviews its funding policy, according to AT&T Automotive Services. The Salford-based fleet finance and management specialist found a clear correlation between organisations' fleet size and their propensity to review their funding arrangements.

AT&T's Fleet Survey revealed that about half (49%) of companies carry out annual fleet reviews, while a quarter do so every two years, and 17% even less frequently.

The fleet survey found that company car policy decisions, from choosing manufacturers to selecting types of finance, were made by teams rather than individuals in 50% of cases, and by individuals at 36% of companies. But once the policy decision more than half (57% of companies) leave individuals to choose the relevant suppliers, from contract hire company to franchised dealer.

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