Case Study: Regionally-Based Paint Store Chain achieves $1.2M in four-year cost savings by downsizing fleet to hybrids with Element Fleet Management

Downsizing Vehicles Reduces Costs

Regionally-Based Paint Store Chain sought to reduce costs and improve efficiencies in its 396-vehicle sales and delivery fleet and turned fleet oversight to Element Fleet Management, using its Fleet Manager Program (Fleet Partnership Solutions). The customer was operating ½ and ¾ ton cargo and passenger vans and asked Element Fleet Management to determine the best vehicle choice to meet cost, safety and emissions goals.

Element Fleet Management engaged drivers and stakeholders, performed cost and use analysis, and instituted a downsizing strategy—replacing large passenger vans with hybrid sedans and executing a short-cycle replacement plan to capture strong resale proceeds. The program delivered more than $286,000 in annual operating cost savings and, together with sale proceeds, is projected to save $1.2M over four years.