Colorado Fleet Management Services & Solutions

The Future of Mobility

Colorado is transforming the transportation industry. According to U.S. statistics, the state has 1.6 million light-duty registered EVs currently on the road and is on pace to have 25% of all new car sales be electric vehicles by 2025.

Colorado is ahead of the curve. And it’s a good thing: Starting January 2024, 50% of local authorities’ new vehicles must be zero emission. By January 2027, that number rises to 100%.

Despite strong support for EVs in Colorado, the upcoming transition is daunting for many fleet managers with high-mileage business needs. But with Spring Free EV’s comprehensive fleet service package, the transition to electric commercial vehicles is seamless and stress-free for businesses of all sizes.

Colorado EV Fleet Services

Why Spring Free EV is the Top Choice for Colorado Fleet Services?

People across the state of Colorado are incredibly eco-conscious and look for businesses who support and promote sustainable practices. That includes all sectors of the transportation industry, from taxi rides to delivery services to car rentals. 

Spring Free EV is the top choice for Colorado fleet services, as we offer unique advantages that cater to the needs of the businesses in the region. Here’s why:

Designed for High Mileage Usage in Colorado

Spring Free EV’s fleet leasing solutions are crafted to meet the demands of high-mileage fleets in Colorado. 

What Our Customers Say

EV

"After we completed our due diligence, we saw ourselves aligning with Spring Free as a real partner from now and in the future."

Jerome Mends-Cole,
SacTesla

EV

"It's basically just sign an agreement and the car is delivered as soon as it's available."

Jaren Skinner,
ISLAND RIDES

Significant Cost Savings with Electric Vehicles

By partnering with Spring Free EV, businesses can significantly reduce their costs. Many companies, including Hertz, have saved up to 60% in maintenance costs in the transition to electric fleets. This is because EVs require less maintenance, have fewer moving parts, and are more energy-efficient overall.

Spring Free EV’s fleet financing options make electric vehicle fleets even more viable. Spring Free EV offers low down payments and flexible lease terms and partners with businesses to take advantage of all of Colorado’s current incentives and rebates.

Embrace the Future of Mobility in Colorado

The future of mobility in Colorado is green, and the time for adoption is now. By partnering with Spring Free EV, Colorado businesses will gain the following:

Spring Free EV offers a wide range of electric vehicles, including Tesla and Chevy Bolts. This ensures that businesses have access to some of the best EVs on the market and have a range of options that fit their specific needs and preferences.

Spring Free EV provides a range of fleet management solutions for your vehicle needs, including vehicle acquisition, charging infrastructure installation, routine maintenance and repair services, and fleet management software. This comprehensive package simplifies the transition to electric vehicles and helps businesses optimize their fleet operations.

Spring Free EV’s fleet services are designed to be scalable, allowing businesses to start with a small number of electric vehicles and gradually expand their fleet as business needs change. You might start with a handful of service trucks, only to realize you need significantly more as demand increases. This flexibility is essential in a dynamic market like Colorado, where companies may experience fluctuations in demand.

Spring Free EV’s mission is to promote the adoption of electric vehicles and reduce carbon emissions. As Colorado continues to lead the nation toward sustainability, Spring Free EV is the perfect partner for fleet managers and owners.

FAQ

Unlike traditional leases, we are specifically for commercial use, have lower upfront costs, and are best suited for high mileage driving.

Our base monthly price includes 1,800 – 2,000 miles per month, depending on the vehicle. Once the included miles are reached we charge $0.08-$0.31 per mile.

Our vehicles can not be used as a personal vehicle. At this time we only offer commercial leases which require a business license to qualify. 

Electric vehicles (EVs) cut maintenance costs by having fewer moving parts, simplified maintenance routines (e.g. no oil changes), longer-lasting brakes, improved battery technology for longer lifespan, and utilizing remote monitoring for proactive maintenance. These factors lead to significantly reduced maintenance expenses compared to traditional vehicles.

Companies like Hertz estimate that they save 50-60% on maintenance by switching to electric vehicles. This in turn allows them to increase their profit margins.

On average, it costs $10-$30 to go from empty to full, depending on the kind of charger used. That cost is even lower if you’re able to charge at home – dropping down to $6 on average. 

For comparison, it costs gas vehicles $46-$57 on average to fill up.

We’re a seasoned group of entrepreneurs with rich backgrounds in mobility (Tesla, Sidecar, Getaround, Revel), renewable energy finance (Sunrun, Mosaic), and structured finance (Morgan Stanley, Rabobank).

Our investors include Reid Hoffman (co-founder of LinkedIn), Ev Williams (founder of Twitter), Stephen DeBerry (founder of Bronze VC) and Spring Lane Capital.

Serving Top Colorado Locations

Spring Free EV has established a robust presence across key areas in Colorado, extending its services to major hubs such as Denver, Colorado City, Fort Collins, and Boulder. Whether you need roadside assistance, auto repair services, or overall fleet maintenance, Spring Free EV’s is on the ground and ready to help.

Our strategic footprint within Colorado’s bustling cities and technology epicenters ensures we are well-placed to provide comprehensive fleet services, including tailored leasing solutions, maintenance, and charging infrastructure support, to various industries and businesses. Our strong presence in Colorado underscores Spring Free EV’s dedication to driving electric vehicle adoption and sustainability throughout the state.

Join the EV Revolution in Colorado with Spring Free EV

Colorado, it’s time to embrace the future of mobility with Spring Free EV and make the leap toward more sustainable and cost-effective commercial fleets. Take advantage of the opportunity to drive positive change for your business and the environment. Contact Spring Free EV now and join the electric vehicle revolution in Colorado!

How you save with Spring Free EV

Total Cost of Ownership (TCO)
  • Spring Free EV lease vs Traditional lease
  • Example: BMW 330i vs Tesla Model 3
  • Based on 125 miles/day and 36-month lease
Traditional lease BMW 330i BMW 330i Spring Free EV Tesla Model 3 Tesla Model 3
Total Upfront costs1 $4,255 $1,250
Effective monthly payment (Lease payment, overage, down payment) $1,312 $1,244
Est. Fuel / Charging cost2 $444 $234
Maintenance3 $375 $225
Monthly TCO $2,131 $1,703
Monthly savings with Spring Free EV $428
Yearly Savings with Spring Free EV $5,132

[1] Manufacturer advertised down payment on May 2023. Actual rate may vary.

[2] Advertised lease payment for southern California, May 2023. Actual rate may vary.

[3] Overage rate is $0.25 per mile over 1,250 (the average monthly mileage for a 15,000 mile per year lease)

[4] Fuel estimate for BMW 330i is based on 30 combined MPG and $3.55 gas/gallon. Charging estimate for Tesla Model 3 are based on 4.0 mi/kWh and $0.25 charging costs. Actual rates may vary.

[5] Average maintenance cost for a gas vehicle is $0.10 per mile. Average cost maintenance cost for EVs is $0.06 per mile

How Spring Free EV is different

No mileage cap

Leases come with 1,800+ miles/mo. Beyond that, pay only 8-16 cents

Path to purchase

Option to buy at end of term — the more miles driven, the lower the buyout price

One-stop supplier

From sedans and SUVs, vans to trucks, we’re your source for electric vehicles

Optimize cash flow

Low upfront costs (including a refundable deposit)

Here to help you scale

Build your business credit with each lease payment

Colorado Fleet Services Guide

How to Affordably Acquire Your Fleet in Colorado

Acquiring a commercial fleet in Colorado can be a significant investment. But there are strategies to make it more affordable. Here are some tips to help you acquire and expand your fleet:

  1. Consider Used Vehicles:
    Look for well-maintained used commercial vehicles that fit your business needs. Ensure the vehicles have a detailed maintenance history and do your due diligence of inspection before purchasing.
  2. Explore leasing options:
    Leasing vehicles with vendors like Spring Free EV allows you to side step the high upfront costs of purchasing. Leasing often includes maintenance packages and other benefits that further reduce ongoing expenses.
  3. Go Green:
    One of the best ways to cut costs is to use electric vehicles, which inherently have lower operating costs and fuel costs. Even more, you can take advantage of significant incentives and tax savings in Colorado when you electrify your fleet.

Financing Your Fleet Expansion in Colorado

You’ve dreamed about growing your fleet. The market is ready, and your business is growing. But you can’t get the financing you need to acquire more vehicles.

This, unfortunately, is the experience of many small and growing commercial fleets. Here are some of the most common challenges for fleets in Colorado with tips for how to overcome them:

  • Challenge #1: Credit History
    Securing financing can be tricky for small businesses with limited or poor credit history. Colorado banks, understandably, want to ensure they are backing a stable business. But it can often feel like an insurmountable barrier to entry for fleet owners.

    Pro Tip: Spring Free EV evaluates businesses based on their overall health, not their credit score. That means many fleets excluded from traditional financing options are approved for loans when working with Spring Free EV. Acquire new vehicles today!

  • Challenge #2: Down Payment Requirements
    For many small businesses, providing the required down payment to secure a loan is challenging. When starting out, you often don’t have excess cash, especially in an extensive market like Colorado. Putting forward a down payment can feel impossible.

    Pro Tip: Negotiating down payment terms with lenders is always an option. Many will work with you to determine a solution for your financial capacity.

  • Challenge #3: Collateral Requirements
    Traditional lenders require collateral to secure the loan. Yet, many small business’s assets are limited, making providing sufficient collateral incredibly challenging.

    Pro Tip: Explore lenders like Spring Free EV that offer unsecured loans or are flexible with collateral requirements. You can also improve your business’ overall asset position to increase collateral options.

  • Challenge #4: Regulatory Compliance
    Businesses must comply with state and local regulations in Colorado. Failure to do so will impact loan approval.

    Pro Tip: Stay informed about Colorado industry regulations and ensure compliance. Zero-emission vehicles are becoming increasingly important in Colorado’s regulation. Stay ahead of the curve and electrify your fleet today with Spring Free EV.

10 Tips to Minimizing Fleet Acquisition Risks in Colorado

Minimizing fleet acquisition risk is crucial for businesses in Colorado. Here are some tips to help mitigate risks associated with acquiring and managing a fleet:

  • Tip #1:
    Conduct comprehensive research on the types of vehicles needed for your fleet. Consider fuel efficiency, maintenance costs, and suitability for your business needs. Plan for the long term to avoid frequent turnover.
  • Tip #2:
    Develop a realistic budget that includes the acquisition cost and ongoing expenses like maintenance, insurance, and fuel. Conduct a thorough financial analysis to ensure the fleet acquisition aligns with your financial goals.
  • Tip #3:
    Stay informed about Colorado’s regulations related to vehicle emissions, safety standards, and other requirements. Ensure your fleet meets all state and local regulations to avoid fines and penalties.
  • Tip #4:
    Consider incorporating electric or hybrid vehicles into your fleet. Colorado places a strong emphasis on environmental sustainability. By electrifying your fleet, you can benefit from incentives and align with the state’s environmental goals.
  • Tip #5:
    Implement robust vehicle tracking and management systems to monitor each vehicle’s usage, maintenance, and performance. You can even use advanced technologies such as telematics, IoT devices, and AI-driven analytics. These will give real-time data to inform decision-making and risk-management strategies.
  • Tip #6:
    Build strong relationships with reputable suppliers, dealerships, and service providers. Choose suppliers with a proven track record for reliability, quality, and after-sales support. Work with suppliers that provide flexible leasing options so that you can adjust and grow as your business needs change.
  • Tip #7:
    Establish proactive maintenance programs to ensure that vehicles are well-maintained and compliant with safety standards. Regular inspections and preventive maintenance can reduce the risk of unexpected breakdowns.
  • Tip #8:
    Invest in driver training programs to enhance safety and reduce the risk of accidents. Well-trained drivers are less likely to cause damage to vehicles, minimizing repair costs and potential liabilities.
  • Tip #9:
    Obtain comprehensive insurance coverage for your fleet. Ensure that the coverage includes liability protection, property damage, and coverage for any specialized equipment or cargo being transported.
  • Tip #10:
    Develop contingency plans for unexpected events such as accidents, breakdowns, or changes in regulatory requirements. Having a well-thought-out plan in place can minimize disruptions to fleet operations.

By implementing these tips, businesses in Colorado can enhance their ability to acquire fleets and minimize associated risks. Regular monitoring, compliance checks, and adapting to changing regulations will contribute to the long-term success of your fleet.

How To Cut Down Fleet Maintenance Costs in Colorado

Reducing fleet maintenance costs is critical for businesses operating in Colorado’s expensive and competitive market. Here are some strategies for how to cut costs while maintaining top-notch quality.

  1. One of the best ways to cut costs is to take good care of the vehicles already in your fleet. Implement a proactive and regular maintenance schedule to identify and address issues before they escalate. Routine inspections, fluid checks, and replacement of wear-and-tear components should be an integral part of your fleet care.
  2. Investing in driver training is another effective strategy for cutting down maintenance costs. Your drivers either take good care of the vehicle or run it into the ground. Educate drivers on proper vehicle maintenance practices and fuel-efficient driving techniques. Make it easy for them to report any issues they notice during operation.
  3. It’s also wise to purchase parts in bulk. This allows you to take advantage of discounts and reduced per-unit costs.
  4. Keep a strategic eye on the lifecycle of your vehicles. Regularly assess the condition of each vehicle and consider replacing older vehicles with more fuel-efficient and reliable models.
  5. Consider the environmental impact of vehicle maintenance practices. Colorado has particularly stringent environmental regulations. By complying with eco-friendly standards, your business is eligible for a number of incentives and cost savings.

Navigating Fleet Legislation in Colorado

Colorado is committed to creating a greener and cleaner world. It has a robust slate of fleet legislation that all fleet managers should be aware of.

  1. Vehicle Emissions Standards:
    The Colorado Department of Public Health and Enviornment regulates vehicle emissions. And fleet operators must comply with these standards. This includes regulations related to diesel emissions, idling, and the use of cleaner technologies.
  2. Zero Emission Vehicle (ZEV) Mandate:
    Colorado has set targets for increasing the adoption of zero-emission vehicles. The ZEV mandate requires automakers to produce and deliver a certain percentage of zero-emission vehicles each year. Fleet operators are also subject to regulations that encourage the inclusion of electric or hybrid fuel cell vehicles.
  3. Idling Restrictions:
    To reduce air pollution and conserve fuel, Colorado has regulations limiting the idling time of commercial vehicles. Fleet operators need to adhere to these restrictions, as there are penalties for non-compliance.
  4. Incentives for Alternative Fuel Vehicles:
    The state offers various incentives and rebates like its Fleet-ZERO program. This encourages the adoption of alternative fuel vehicles, including electric, natural gas, and hydrogen fuel cell vehicles. Fleet operators can use these incentives to reduce the overall cost of acquiring and operating clean vehicles.
  5. Greenhouse Gas (GHG) Reduction Goals:
    Colorado has ambitious goals to reduce greenhouse gas emissions. Fleet operators are required to report their emissions and take steps to minimize their carbon footprint.
  6. Commercial Vehicle Inspection Requirements:
    Colorado enforces strict commercial vehicle inspection requirements to ensure the safety and roadworthiness of fleet vehicles. Compliance with these regulations is essential for fleet operators.

It is critical for fleet operators in Colorado to stay informed about updates and changes to legislation, especially regarding emissions standards, alternative fuels, and vehicle safety. Regularly checking with regulatory agencies like the Colorado Motor Carriers Association (CMCA), the Colorado Department of Health and Environment, and the Colorado Department of Transportation (CDOT) keeps you up-to-date and ensures compliance.

Colorado places a strong emphasis on reducing greenhouse gas and improving sustainability. Stay ahead of the curve by easily and affordably financing a fleet of electric vehicles with Spring Free EV.

  • How to Affordably Acquire Your Fleet in Colorado
  • 1. Consider Used Vehicles
  • 2. Explore leasing options
  • 3. Go Green
  • Financing Your Fleet Expansion in Colorado
  • 1. Credit History
  • 2. Down Payment Requirements
  • 3. Collateral Requirements
  • 4. Regulatory Compliance
  • 10 Tips to Minimizing Fleet Acquisition Risks in Colorado
  • Tip #1
  • Tip #2
  • Tip #3
  • Tip #4
  • Tip #5
  • Tip #6
  • Tip #7
  • Tip #8
  • Tip #9
  • Tip #10
  • How To Cut Down Fleet Maintenance Costs in Colorado
  • 1. Take good care of the vehicles
  • 2. Invest in driver training
  • 3. Purchase parts in bulk
  • 4. Lifecycle of your vehicles
  • 5. Comply with eco-friendly standards
  • Navigating Fleet Legislation in Colorado
  • 1. Vehicle Inspection Requirements
  • 2. Zero Emission Vehicle (ZEV) Mandate
  • 3. Idling Restrictions
  • 4. Incentives for Alternative Fuel Vehicles
  • 5. Greenhouse Gas (GHG) Reduction Goals
  • 6. Commercial Vehicle Inspection Requirements