Whole Life Costs

Regardless of whether you obtain your vehicles on ouright purchase, lease or contract hire, in order to choose the most cost effective models, you must consider the whole life costs involved.

As the name implies, the decision on which vehicles are best is based upon every element of cost they will incur during their working life. These include:

• monthly payments
• service and maintainence
• cost of fuel 
• CO2 emissions
• insurance

With the impact of CO2 emissions on new vehicle taxation since April 2009, the capital cost, or monthly rentals, are no longer a clear indicator of the cheapest models. The most cost effective vehicle may not be the one with the lowest initial cost. 

To find out more about how to calculate Whole Life Costs and how UK Fleet Manager can help you make the right choices, click here to download our fact sheet. >>