Many of those reporting fleet replacement budget increases cited the reason as catch-up replacements from backlogs during the recession or making up for the lack of replacement funds in the previous fiscal year. A reason cited for both replacement fund increases and decreases is the natural fluctuation of vehicle lifecycles and replacement needs. This year, 47% reported an increase, slightly less than the 50% reported in 2016, although the increases reported were higher.
Many of those reporting fleet replacement budget increases cited the reason as catch-up replacements from backlogs during the recession or making up for the lack of replacement funds in the previous fiscal year. A reason cited for both replacement fund increases and decreases is the natural fluctuation of vehicle lifecycles and replacement needs. This year, 47% reported an increase, slightly less than the 50% reported in 2016, although the increases reported were higher.
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