Fleet News

Wholelife Costs Features - Page 2

 
  • Fleets need to take into account the wholelife cost of running vehicles in order to have an efficient operation. Here, Deloitte looks at the key issues in setting up a WLC policy

  • To calculate the total cost of operating each vehicle in your fleet over a given mileage, you need to consider not just the purchase price. You’ll also need to take account of the Whole Life Costs – in other words, the total costs of running and owning the vehicles.

  • With depreciation being a key consideration we show you how to understand and interpret residual values forecasts.

  • Depreciation is simply the difference between the retail price of a new vehicle and the price it achieves at disposal - this is the residual value.