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.
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.
Login to comment
Comments
No comments have been made yet.