Fleet News

Fleet200: Car replacement cycles stay much the same – but for how long?

Car remote

The following article was published in the September 24 issue of Fleet News. Read the full article.

The economic impact of the Covid-19 pandemic has not yet translated into a shift in the average car replacement cycles for the Fleet200. It remains the same as last year at 46 months, based on 102 responses. However, 118 companies gave a figure last time and the make-up of the Fleet200 is not identical this year so a comparison is difficult. 

It is also worth bearing in mind that the current survey results were gathered between mid-March and June and those answering at the start of the UK lockdown (March 23) will have a different perspective to those replying a month or two later.

Traditionally, fleet operators have extended replacement cycles during an economic downturn and this can become a permanent change. The 2008-to-2009 recession led many businesses to shift from replacing company cars at three years/60,000 miles to four years/80,000 miles.

Related content

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