What can you gain from using a Whole Life Cost calculator?

Thursday, August 14, 2014 - 09:30
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The numbers don’t lie

How can they help you get the best deal?

It’s a given that a Whole Life Cost calculator can be a perfect decision making tool for those in the fleet industry – often proving to be the best way to capture, manage and control all the costs associated with running company cars and vans.

Strangely, innovative tools such as these have struggled to catch on in the fleet industry – with as few as one in five organisations using this strategy to save money, cut costs and get a better deal.

We developed our unique calculator so that every relevant piece of information would be available instantly to you – it allows you to compare the costs of up to four vehicles across a variety of areas including depreciation, interest costs, service and repair costs, fuel costs, road fund tax and national insurance contributions. With all of this information at your fingertips it ensures you can always choose the best option for your fleet, allowing you to accurately:

  • Calculate the whole life costs for your own fleet
  • Formulate car and van lists, and buying policies, based on accurate forecasting data
  • Negotiate better deals with dealers and manufacturers based on independent forecasts
  • Measure your actual cost performance – and savings – against the forecast budget
  • Save money for your employees on Benefit in Kind taxation
  • Establish a green fleet policy

Our Whole Life Costs calculator is supported by independent data from Clear Vehicle Data who ensure information is up to date and relevant to the fleet industry’s needs, allowing you to build your own vehicle costing database and store it for future reference. It also allows you to gain a full picture of what you’ll be getting from your vehicle purchase including:

  • Depreciation
  • Service and repair costs
  • Fuel costs
  • Road fund tax
  • Breakdown cover costs
  • Employer’s national insurance contributions

This information is available to you for FREE. Give it a whirl, we’d love to hear your thoughts and how the Whole Life Cost calculator has helped you and your fleet business.

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