Fluctuations in replacement budgets year over year are normal, as each year’s vehicle replacement needs may be different. However, many with significant decreases this year cited the COVID-19 pandemic as the reason. In addition to normal fluctuations, those with budget increases cited adding new departments and territories as well as catching up on reductions from 2020 COVID-related cuts.
Fluctuations in replacement budgets year over year are normal, as each year’s vehicle replacement needs may be different. However, many with significant decreases this year cited the COVID-19 pandemic as the reason. In addition to normal fluctuations, those with budget increases cited adding new departments and territories as well as catching up on reductions from 2020 COVID-related cuts.
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