Value is about more than just the monthly rental.
An informed approach to cost reduction.
Utilising Whole Life Cost provides you with a better understanding of the actual costs associated with the operation of a vehicle over its contract and not simply the monthly rental cost.
Seeing the whole picture.
Whole Life Cost lets you better understand the relative value between different makes and models such as better fuel consumption, Insurance, SMR, residual value, lower tax and National Insurance, etc.
Decision-making made easier.
Accurately calculating Whole Life Cost can be a challenge for even the most seasoned fleet professional. Our systems and experience make the adoption of Whole Life Cost simple and straightforward.
When it comes to cost, the devil is in the detail.
To show the importance of Whole Life Cost we compared two vehicles over a three year contract hire agreement.
Whilst the Kia Sportage has a lower monthly rental, the Nissan Qashqai’s lower CO2 means it’s actually cheaper over the lifetime of the contract by more than £2,700.
Multiplied across a typical 50 vehicle fleet, the vehicle with the higher monthly rental would actually save you more than £135,000 over the duration of the contract.
In the comparison below, bold figures represent savings beyond the monthly rental cost.
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