When are pre-owned cars considered a viable option for a fleet?

Prepare for the PGA PGM 3.0 Level 1 Knowledge Test with engaging quizzes. Study with flashcards and multiple choice questions. Get insights into exam content and format. Master every subject to succeed!

Pre-owned cars are often considered a viable option for a fleet, particularly when there's a need to temporarily increase fleet size. This is typically due to short-term demands, such as seasonal business fluctuations or special projects requiring additional vehicles without the long-term commitment and financial burden of acquiring new cars. Utilizing pre-owned vehicles allows organizations to flexibly scale their operations, responding efficiently to changing needs while also being cost-effective, since these vehicles usually come at a lower purchase price compared to new ones. This strategy helps manage cash flow while ensuring that service levels can be maintained during peak operating times or unexpected increases in demand.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy