Companies who calculate whole-life costs can enjoy greater long-term savings by factoring all associated costs and expenses, (including tax, running costs, insurance, servicing etc) over a defined period of time, which will give you peace of mind knowing that all factors have been taken into consideration when making your decision. The resulting simplicity makes it easier to calculate & manage costs, taking away any uncertainty so that business owners can calculate exactly what they’ll be paying for their fleet and identify potential savings. Helping you make an informed decision which maximises savings while meeting the needs of your business.
If you're looking for a reliable fleet option for your company that provides a good balance between savings and performance, our whole-life cost quotes are worth considering!
Whole-life cost or Total cost of ownership (TCO) quotes give you a real-life financial picture of your entire fleet. We consider unique variables (real-life running costs) to generate a clear quote specialised for your drivers, ensuring you make the best decisions for your business. Our expert account managers will assess potential vehicles and accurately match them to the needs of your drivers. Understanding all your fleet costs aids you to accurately predict future cash flow and expenses within your business. Surprisingly, a vehicle with a lower monthly rental can be more expensive over the whole term of the contract.
Element | Skoda Superb Estate (1.4 Plug in Hybrid) |
Skoda Superb Estate (2.0 Diesel) |
Combined MPG | 231.60 | 54.60 |
Combined Co2 | 28 g/km | 135 g/km |
Monthly Rental Cost | £771.61 | £682.43 |
Disallowable VAT | £66.44 | £59.32 |
Effective Rental | £838.05 | £741.75 |
Fuel & Charging Costs | £321.45 | £363.78 |
Insurance | £58.33 | £58.33 |
National Insurance | £57.22 | £127.91 |
Tax On Lease Rental Restriction | £0.00 | £88.98 |
Whole Life Cost (monthly) | £1,275.05 | £1,380.75 |
Whole Life Cost (over contract) | £45,901.80 | £49,707 |