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Fleetworx publishes guide on managing ‘rental’ creep’

Fleet management specialist Fleetworx has published a practical guide for procurement departments to manage cost creep within fleet contracts.

The Fleetworx guide provides advice on avoiding 'rental creep'

The Fleetworx guide provides advice on avoiding ‘rental creep’

According to the firm, it is a common misconception that the only parts of a fleet contact open for negotiation are the management fee and the margin on the financing interest.

Most fleet stakeholders assume that focusing on these means they are in control of the contract costs, however that is, unfortunately, not the case. There are in fact six cost categories within a typical leasing contract that are used to generate revenue for the lessor.

The free ebook outline these six categories and how to avoid these ‘commercial trapdoors’.

To download the ebook, click here.

For more of the latest industry news, click here.

Natalie Middleton

Natalie has worked as a fleet journalist for nearly 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day.