Definition of Fleet vehicle

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TeachMeFinance.com - explain Fleet vehicle



Fleet vehicle

Any motor vehicle a company owns or leases that is in the normal operations of a company. Vehicles which are used in the normal operation of a company, but are owned by company employees are not fleet vehicles. If a company provides services in addition to providing natural gas, only those vehicles that are used by the natural gas provider portion of a company should be counted as fleet vehicles. Vehicles that are considered "off-road" (e.g., farm or construction vehicles) or demonstration vehicles are not to be counted as fleet vehicles. Fleet vehicles include gasoline/diesel powered vehicles and alternative-fuel vehicles.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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