A. Sharing vehicles is the most effective means of increasing vehicle utilization and driving down fleet costs. There are few, if any, fleet initiatives that will deliver the same cost reductions and efficiencies to an organization (and its drivers) that running a shared vehicle fleet will. Understanding the bottom-line costs of idle vehicles, especially during the COVID-19 pandemic environment, is critical to saving, and perhaps even enhancing, your fleet. Every idle vehicle sitting in a parking lot costs an estimated $3,500 - $6,000 per year in insurance, depreciation, maintenance, parking, staffing per year. By efficiently sharing vehicles, you can eliminate the cost of idle vehicles while still achieving your mission and providing vehicles needed by your employees. Want to know the 4 signs that now might be the best time to implement your motor pool? Read this article.