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Life ·2 min read

Longer leases and warranties to match fleet replacement cycles

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Longer leases and warranties to match fleet replacement cycles Design: IlliZine| Photos:
2023-09-19

FleetCheck suggests that fleet lease contracts and warranties should be lengthened to align with longer vehicle replacement cycles post-pandemic. The company has observed that cars are now being operated for close to five years and vans for up to seven to eight years. Fleet shortages during the pandemic have forced fleets to operate vehicles for longer, demonstrating that longer cycles can be economically sustainable.

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