Applying best practices can be the difference between a vehicle that's perfect for your fleet and a costly, and sometimes dangerous, mistake. Consider PHH's best practices for: - Learn from past experience
Reduce repairs costs by replacing problem components with heavier duty components on new orders.
- Recognize ordering cycles
Ordering cycles are sensitive to market conditions, with order-to-delivery times ranging from 90 days to one year. PHH advises you as to what production delays you can expect.
- Consider the advantages of leasing
From capital conservation and greater financial flexibility to savings on rental tax and easier disposal, leasing can be an attractive alternative. PHH has a model that can help you determine your best solution.
Bottom line: PHH can help you get the right trucks and equipment at the right cost at the right time - the first time. Plus, we ensure you meet all government requirements.
Scheduled preventive maintenance to be performed on a timely basis, which will limit vehicle downtime and increase vehicle use. Your program should include: - Purchasing and parts management that takes advantage of volume discounts
- Tracking and documentation of your fleet's preventive maintenance program in case of governmental audit
- An expense management system
- Adherence to a preventive maintenance schedule tailored to your vehicles' component and operational requirements
- A system for handling emergency breakdowns
Consider a mobile maintenance program, so your trucks can be serviced where you want, when you want - saving thousands of dollars in lost productivity. Bottom line: PHH offers the managed maintenance programs you need to keep your trucks and equipment operating effectively. - Plan replacements carefully
To maximize return, plan to replace on a unit-by-unit basis.
- Avoid out-of-stock purchases
While lead times of 90-160 days or longer are possible, in a crisis, PHH can often arrange vehicle deliveries direct from dealer stock or factory pools.
- Maximize your residual value when you sell
Marketing used trucks and equipment requires specialized knowledge and strategic resale outlets. PHH markets used trucks and equipment through an established network of franchised new and used truck dealers.
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