Fleet funding managers advised to consider pay as you go telematics
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Fleet funding managers have been advised to consider the potential benefits of alternative payment schemes for telematics services.
According to Fleet News, a number of companies supplying this technology are in danger of going out of business and, as a result, pay as you go systems may be a wise move for some hauliers.
But the publication conducted a survey and discovered that 57 per cent of respondents were not in favour of this method.
Hannaford fleet manager Leigh Stiff said research showed it was less cost-effective.
"We found that we were better off purchasing the units ... we get full use out of the product as I will look to recycle them within our fleet upon contract expiry of lease vehicles," he added.
However, some companies may find it is a better way of calculating costs.
In related news, Cybit Telematics announced recently it launched a new initiative to help meet efficiency targets for government back-office and IT targets using vehicle telematics.
