Case Study: Transcend Security Solutions achieves fleet savings with Enterprise Fleet Management

Transcend Security Solutions saves $2,700 per vehicle with Enterprise Fleet Management

Transcend Security Solutions, a security services company, was challenged by increasing annual fleet expenses. Their practice of purchasing older used vehicles with high-interest financing led to greater maintenance, fuel, and lower resale costs. They partnered with Enterprise Fleet Management to find a solution for right-sizing their fleet with a favorable finance structure to keep operating costs low.

Enterprise Fleet Management used its technology to help Transcend Security compare vehicles and order new ones directly from the factory, standardizing the fleet at a lower cost. They structured equity leases to match the company's mileage and usage patterns. As a result, Transcend Security replaced its entire fleet within two years, saving over $2,700 per vehicle and over $10,500 annually in maintenance costs while achieving much higher resale values.

Transcend Security Solutions