With changes in tax, technology and fuels available, a Whole Life Cost (WLC) calculation is essential for businesses wishing to fully optimise their fleets and be on top of their car fleet management.
EMTEC’s Whole Life Cost Calculator is aligned with actual vehicle usage data to optimise fleet composition across multiple fuel types and our team works with clients to ensure they are able to fully optimise their fleet and fleet management costs taking into account the multiple relevant factors. These include:
- Finance costs
- Fuel costs
- Vehicle use – annual mileage which may determine the suitability of switching to an electric vehicle (It is worth noting that EV options will improve enormously over the coming 2-3 years with more long range vehicles coming to market. Our team can also advise on this.)
- Service, maintenance and repair (SMR)
- Benefit-in-Kind Tax
- Class 1A National Insurance Contributions (NICs)
- Plug-in Car Grants
All of these factors, and more, are explored in-depth by our team on our client’s behalf – our advice is purely based on what is best for our customer.
Watch EMTEC’s short demo video here.
To learn how Emtec can help you track and report vehicle performance standards, please contact us.Contact Us