Key Element #5 — Budgeting for Total Cost of Ownership (TCO) of Your Fleet Vehicles
Why Sticker Price Is the Least Important Number in Fleet Management In 2026, Total Cost of Ownership is more important than ever — fleet operating costs are up 20%+ since 2020, average new-vehicle prices are hovering around ~$50,000 (about 31% higher than 2019), and many fleets are still planning for 15–20 week order-to-delivery timelines. (Source: […]
Full Maintenance, Full Control: The Easier Way to Manage Your Fleet
Full Maintenance, Full Control: The Easier Way to Manage Your Fleet Fleet maintenance has a way of stealing time from the work that actually moves your business forward. Someone has to track mileage. Schedule service. Approve repairs. Coordinate vendors. Handle breakdowns. Chase invoices. And when an unexpected repair hits, the budget takes the punch. Capital […]
Key Element 4: Managing Fleet Obsolescence
Key Element 4: Managing Fleet Obsolescence The Hidden Cost of Keeping Old Fleet Vehicles Too Long When “Paid Off” Doesn’t Mean “Cost-Effective” Many organizations hold on to vehicles as long as possible, assuming that once they’re paid off or bought out from the original lease, they’re saving money. But old fleet units often do the […]
Key Element 3: Fleet Utility & Vehicle Utilization
Key Element 3:Fleet Utility & Vehicle Utilization Is Your Fleet Fit for Purpose? In commercial vehicle fleet management, a vehicle that still runs isn’t necessarily an asset. The better question is: does it serve the needs of your organization today? Fleet utility and utilization go beyond engine health—they measure whether your current vehicles are functionally […]
Key Element 2: Avoiding the “Band-Aid” Approach
Avoiding the “Band-Aid” Approach Replace on Purpose — Not in Panic It’s one of the most common patterns we see in fleet management: a vehicle breaks down, the team scrambles to find a replacement, and the result is an over-budget, under-spec’d purchase made under pressure. We call this the “Band-Aid” approach — quick fixes that […]
Key Element 1: Fleet Forecasting: The First Step to Smarter Fleet Planning
Fleet Forecasting: The First Step to Smarter Vehicle Planning When it comes to managing a commercial fleet, the biggest mistake organizations make is planning for today’s needs instead of tomorrow’s reality. Vehicles have long lifecycles, and every purchase you make this year will impact your budget, operations, and performance for years to come. That’s why […]
Understanding Multi-Function School Activity Buses (MFSABs): What Administrators Need to Know
Understanding Multi-Function School Activity Buses (MFSABs): What Administrators Need to Know When it comes to student transportation, administrators are constantly balancing safety, compliance, and cost. One vehicle option that often raises questions is the Multi-Function School Activity Bus (MFSAB). At Capital Lease Group, we work with schools and organizations across New England and the U.S. […]
What is a Fleet Order Bank?
What is a Fleet Order Bank? If you manage vehicles for your business, understanding the Fleet Order Bank (FOB) is essential. The fleet order bank is a temporary window when automakers accept direct factory orders for vehicles intended for fleets—businesses, nonprofits, or government agencies. During this short period, fleet managers can submit orders months before […]
Capital Lease Group in the Community: Supporting the Region We Call Home
Capital Lease Group in the Community: Supporting the Region We Call Home At Capital Lease Group, being based in Brockton isn’t just a point on the map—it’s at the heart of who we are. For more than 53 years, we’ve been proud to serve businesses across Massachusetts and beyond, but our roots remain deeply planted […]
Fleet vs. Retail Vehicle Ordering: Why Smart Companies Choose Fleet
Fleet vs. Retail Vehicle Ordering: Why Smart Companies Choose Fleet When it comes to acquiring vehicles for your business, how you buy matters just as much as what you buy. That’s why we’ve prepared this guide—to help you understand: Why you should be planning your purchases strategically Why embracing fleet management gives your business an […]