Case Study: Codell Construction reduces fleet costs and maximizes resale value with Enterprise Fleet Management

Codell Construction lowers fleet age by 50% with Enterprise Fleet Management

Codell Construction, a construction company with a fleet of 53 vehicles, faced challenges from its ad-hoc purchasing strategy and lack of a fleet management plan. Operating vehicles beyond 200,000 miles left the company with no equity in its fleet and created difficulty in budgeting for new vehicle purchases. They partnered with Enterprise Fleet Management for a solution.

Enterprise Fleet Management implemented a program utilizing open-ended leasing to purchase and sell vehicles at the optimal time. This solution reduced the average vehicle age from 8 years to 4, maximizing resale values. For Codell Construction, this resulted in a lower total cost of ownership, minimized out-of-pocket expenses, and reduced driver downtime.

Codell Construction