Bold Strategies to Beat High Interest & Boost Returns

While vehicle inventory levels are hitting pre-pandemic highs, fleets are facing accelerating depreciation on vehicles bought during the supply crunch. Meanwhile, interest rates remain high.
In this episode of Fleet Momentum, Chris Brown, associate publisher at Bobit, connects with Brad Jacobs, vice president of strategic solutions for Merchants Fleet, to find ways fleets can address these challenges. They also discuss other important factors that will impact fleet budgets this year.
Fleet Momentum videos are designed to spotlight key industry leaders, trends, and products in fleet management.
This episode of Fleet Momentum is sponsored by and created in partnership with Merchants Fleet. 🤝 www.merchantsfleet.com/
🤝 Topics
- How can fleets mitigate interest rate expense?
- What strategies can fleets employ to alleviate residual value erosion?
- In today’s environment, how can fleets remarket vehicles smarter to maximize returns?
- What do you see as the biggest issues that fleets struggle to manage?
#interest_rates, #residual_values, #fleet_leasing, #fleet_remarketing
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⏱ Timestamps
00:00 Introduction
01:21 Changing interest rate environment
01:53 Fixed versus float
03:31 Volatile resale market
05:35 Remarketing strategies
07:30 Budgeting and capital expense