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Finatrack Global Ltd

Licensed • ASP (CA) • PSRA • ODPC Data Controller & Processor

A company vehicle does not stop costing money simply because it spends most of the week parked. Insurance, licensing, depreciation, maintenance and occasional repairs continue whether the vehicle is travelling every day or barely moving at all. For Kenyan businesses managing several cars, vans or pickups, this raises an important question: when does an underused vehicle stop being an asset and start becoming an unnecessary expense?

GPS tracking can help management answer that question with actual utilisation data rather than assumptions. By reviewing mileage, trip frequency, active days and long periods of inactivity, fleet managers can identify vehicles that consistently perform very little work. A vehicle recording only a few hundred kilometres every month may still be important for a specialised role, but if similar work can be handled by other available vehicles, the business should examine whether keeping that unit still makes financial sense.

The decision should not be based on mileage alone. Some vehicles may be kept for emergency response, specialised technical work or occasional assignments that justify their availability even if they are not used every day. The more useful approach is to compare the cost of keeping the vehicle with the operational value it provides. If an underused pickup costs the company money every month but contributes very little to revenue, customer service or essential operations, selling or reallocating it may deserve serious consideration.

GPS trip history can also reveal whether the problem is underutilisation or poor allocation. A vehicle may be sitting idle because it is assigned to the wrong branch or department, while another vehicle elsewhere in the organisation is overloaded with work. Before selling the underused unit, management can investigate whether transferring it to a busier team would create more value. In many cases, better internal allocation can improve fleet productivity without requiring a new purchase.

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The financial benefits of reducing unnecessary fleet size can be significant. Selling one underused vehicle may release capital while also reducing future insurance, licensing, maintenance and depreciation costs. The business may also avoid spending money on tyres, batteries and repairs for a unit that contributes little to daily operations. For companies with several underutilised vehicles, the combined savings can become substantial over time.

GPS data can also help management avoid selling the wrong vehicle. A car with low mileage may be essential during peak periods, while another vehicle with higher mileage may be accumulating distance through inefficient routing or unauthorised use. Fleet decisions should therefore consider both utilisation and the purpose of the journeys being made. A vehicle that travels less but supports critical operations can be more valuable than one that travels constantly without producing enough business benefit.

Businesses should review utilisation over a reasonable period rather than reacting to one quiet month. Seasonal demand, temporary project delays or staff changes can affect vehicle use. Looking at several months of GPS records gives management a clearer picture of whether low utilisation is temporary or part of a longer pattern. If a vehicle consistently remains parked while other units can absorb its workload, the case for selling, redeploying or converting it into a shared pool vehicle becomes much stronger.

Finatrack Global Ltd provides GPS tracking and fleet-management solutions that can help Kenyan businesses understand how effectively their vehicles are being used. Depending on the selected solution, authorised users can review location, trip history, mileage, geofencing and other operational information through the tracking platform. Finatrack’s wired GPS tracker is available at KES 15,000, with professional installation available at the office or at a convenient customer location. Businesses seeking better fleet-utilisation visibility can contact 0723 645 810 or visit www.finatrack.co.ke. Before keeping an underused vehicle simply because the company already owns it, management should ask whether that asset is still creating enough operational value to justify the cost of keeping it.

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