You have probably noticed cars that feature the same company names and graphics on the side. The roads and highways are packed with these vehicles. This set of vehicles is commonly referred to as a fleet. When a corporation, a person or a company owns several vehicles, then this set of vehicles is considered as fleet vehicles. But how many cars constitute a fleet? Do they have to serve the same purpose in order to be considered a fleet?
A fleet is composed of at least two or more cars owned by the same person or company. Actually, the company need not own the cars. Sometimes, a fleet can be composed of vehicles that are leased by a company or a business entity. Sometimes, a company will lease several cars that they would provide their employees with. They may not own the vehicles, but these vehicles will still be considered a fleet.
So, how many cars constitute a fleet? There is actually no fix number when it comes to determining the number of vehicles that would constitute a fleet. Generally, companies that operate two or more cars are companies that operate a fleet of cars. However, the number becomes relevant when it comes to securing an insurance policy. Your insurance company may set a specific number of vehicles as a requirement for fleet insurance. Although the number varies, most companies would require at least 3 or 4 vehicles.
If you own several cars that you use for your business, you need to have a fleet management system in place. It doesn’t matter how many cars constitute a fleet. If you have to manage several cars, then you need to have logistics in place, so that you will be able to manage your vehicles properly. You might benefit from hiring a company like Skypac to help you with fleet management. You need to monitor your fleet constantly, so you will be able to maximize their value. If you own a fleet, you should know how to manage them.
