The Home Service Expert Podcast Maximizing Fleet Efficiency: Insights from Industry Experts with Renee Millum
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Aug 8, 2025 Join fleet management expert Renee Millum, who has over a decade of experience optimizing vehicle strategies for businesses. In this discussion, she dives into the pros and cons of leasing versus buying vehicles, emphasizing financial efficiency and operational effectiveness. Millum highlights how a well-maintained fleet boosts employee morale and enhances company image. They also explore the role of technology in streamlining operations and the importance of understanding total cost of ownership in fleet management.
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Preserve Cash, Lease Vehicles
- Renee Millam recommends leasing to avoid tying up cash in a rapidly depreciating asset.
- Lease payments free cash for marketing, hiring, or higher-return investments while providing tax advantages.
Roll Up Upfit And Wrap Into Lease
- Renee Millam says include outfits and wraps in the lease to avoid upfront capital expenses.
- Her program sources the vehicle, outfits it, gets it wrapped, and delivers it turnkey so you pay little or nothing out of pocket.
Replace Vehicles Before 100K
- Renee Millam cites data showing gas engines become much riskier after about 100,000 miles.
- Turn vehicles in before warranties expire to maximize trade value and avoid a rising probability of catastrophic failures.
