Caterpillar announces the extension and further expansion of its fuel consumption guarantee and a parts availability guarantee, both bundled with telematics solutions. The program, Cat Pays You Back, goes beyond the iron and supports the advances in product technology. While Caterpillar machines offer proven fuel efficiency and reliability, many factors beyond the equipment can reduce these factors and increase operating costs. It wants to help customers overcome these challenges with this special three-part purchase offer.
“Even at lower per gallon prices, fuel still represents up to 50% of our customers’ operating costs,” says Jason Hurdis, Senior Market Professional. “The Cat Pays You Back bundled solutions offer has been very successful in reducing our customers’ pain points with an aggressive fuel consumption guarantee, parts guarantee and benchmark fleet analysis. The good results have led to requests from our customers and dealers to extend the program beyond June 30, 2016. We have done just that and extended the solution to the end of the year — and we took it to the next level by including even more Caterpillar models.”
Caterpillar guarantees fuel consumption rates for more than 160 new machines. The ongoing investment in research and development and the information provided about the impact of fuel on operating costs help empower customers to focus on the fundamentals. By targeting and advancing key factors within their daily operations, customers will be able to cut costs, increase productivity and get more work from every tank of fuel.
Extended program duration:
July 1, 2016 – December 31, 2016
Purchase offer includes:
- Fuel Consumption Guarantee - This program uses Cat Product Link to monitor the average fuel consumption rate of enrolled machines. If the average fuel burn rate of a program machine exceeds the Caterpillar Guaranteed Fuel Consumption Level for that particular model, customers receive 1 USD/gallon or 1 CAD/liter credit on a Cat Commercial Account Card. Customers can earn credits on enrolled machines for a period of three years or 5,000 hours, whichever comes first.
- Cat EMSolutions Fleet Reports - This monthly fleet management report is delivered electronically to customers enrolled in EMSolutions Level 2, which is included on machines enrolled in the purchase offer program. The Fleet Report leverages the data captured from Cat Product Link connected assets and provides a visual monthly snapshot of customer fleet parameters. Working with the local dealer, a customer will be able to manage equipment and utilization trends compared to regional benchmarks. Customers may be able to reduce operating costs by monitoring factors such as operator induced fault codes, run time, fuel burn and idles time.
- Parts Availability Guarantee - Cat Logistics uses complex algorithms to predict parts demand and optimize shipping a delivery. Caterpillar reports better than 99.4% of parts orders are on the shelf of either Cat Dealers or the Caterpillar network can be on their way to customers in 24 hours or less.
Eligibility requirements:
- Purchase or lease of 160+ new Cat machines in the United States and Canada
- Activation of Cat Product Link and VisionLink accounts [http://www.cat.com/payback]
Complete terms and conditions for this special purchase offer are available at http://www.cat.com/fuelguarantee##Terms&Conditions.
