Find the savings hiding in your fleet
Use our savings calculator below to see how much working capital you can unlock, and what you can save in both time and money by having Element manage your fleet. We are the right tool for the job to keep your crews moving!
Proudly serving fellow Canadian businesses.
Your calculated values are based on the following assumptions:
Remarketing values are based on an average residual of 25%, and cumulative CPI of 25% over past 7 years.
Lease rates are based on a 60-month term and a 7% interest rate, with discounts off local retail pricing.
Maintenance savings are based on average client experience for fleets on Element’s managed maintenance program. Savings are dependent on fleet condition at time of program inception, and adherence to recommended preventive maintenance schedules.
Fuel savings are derived from improved fuel economy through replacing aged vehicles, and based on $1.60 per litre fuel cost, for a light duty truck travelling 25,000 kilometres per year.
- Remarket your vehicles
- Acquire and license new vehicles
- Manage all maintenance repair reviews and vendor negotiations and audit and process all repair invoices
- Manage all fuel invoices, audit all fuel expenses, and monitor for fuel fraud or program misuse.
We keep your business moving
You’ve got jobs to finish, crews to manage, and deadlines to hit. Let us take care of your vehicles.
Save money
We help you reduce your total cost of ownership through managed maintenance, fuel, vehicle acquisition, and remarketing programs.
Stay compliant
We handle licensing, registration, and reporting, so your fleet stays road-ready and audit-proof
Keep moving
Proactive maintenance and uptime monitoring keep vehicles running — no more delays, no more roadside transfers of tools and materials.
Simplify everything
One partner, one invoice, and one dashboard. See your costs, performance, and opportunities to save — all in one place.
Michelle Way, VP of Element Fleet Essentials on the Element client experience.
Why should I sell my older vehicles if they are still working?
Older vehicles have a greater risk of maintenance breakdowns, impacting costs and productivity. They consume more fuel, costing you more at the pump. Most of all, by selling your aged vehicles, you get a cash infusion into your business while replacing them with new vehicles that will work as hard as you do.
Will leases penalize me at the end if my vehicles have scratches and dents?
With certain types of leases, like ones Element offers, you pay a monthly lease payment and at the end of the lease we sell it for you and give you the net sale proceeds! Minor damages like scratches and small dents likely will have minimal impact on the sale proceeds; however, we would provide data-backed advice on repairing any damages if it would be a net benefit to you.
How does a fleet management company save me money?
A full-service fleet management company saves fleets money by reducing vehicle downtime, avoiding costly repairs, and optimizing total cost of ownership. This is done by offering discounts on new vehicles, maximizing returns on remarketed vehicles, having teams of experts overseeing all maintenance repairs and ensuring compliance with preventive maintenance schedules to reduce the risk of breakdowns, providing tools that monitor fuel charges for fraudulent use, and maintaining licensing compliance.
When should I replace my vehicles?
We will provide you with data-backed lifecycle recommendations that balance maintenance cost, resale value, and uptime to maximize ROI.
How does Element simplify fleet billing?
You get one consolidated monthly invoice covering lease payments, maintenance, and licensing costs, and weekly invoices for all fuel transactions for your entire fleet – no more chasing receipts or reconciling multiple vendors.
What kind of insights do I get with Element?
Our Fleet Dashboard provides real-time visibility into your vehicles, costs, and performance — helping you make data-driven decisions.