Fleet News has updated and improved the vehicle running costs and car tax calculator tools on its website, making them more relevant to fleet operators looking to check and compare costs for the latest cars and vans.

As part of the changes, these vital management tools have a new data supplier, KeeResources. The company, which provides market leading wholelife costs and running costs data via its KWIKcarcost service, is supplying Fleet News with fuel, depreciation, SMR and VED costs for all new vehicles, in addition to BIK, CO2 and mpg figures.

Among the changes made to the running cost calculators are new operating cycles, which now range from two years/20,000 miles to five years/100,000 miles for cars and three years/90,000 to five years/150,000 for vans. This will enable fleets to specify the replacement cycle that is relevant to their operations.

Coding applied to cars and vans is more in-depth, but easier to use, helping to speed up and make more accurate the process of selecting the right models.

Fleet News has also refreshed its car tax calculator, again using data supplied by KeeResources. Fleets can now choose from a greater spread of operating cycles in order to establish the employee’s benefit-in-kind costs for a 20% and 40% taxpayer and the employer’s running costs (depreciation, SMR, fuel) and Class 1A National Insurance cost.

Comparisons can also be made between rival models to provide both employer and employee with insight into the best choices for them.

Key Fleet News tool features include:

  • Identify fuel, SMR and depreciation for every new car and van on the market
  • Identify BIK costs for 20% and 40% taxpayers
  • Choose from a wider range of operating cycles, making the quoted costs more relevant for your business
  • Graduated VED costs for each model
  • CO2 emissions and fuel efficiency figures for each vehicle
  • Ability to compare costs with like-for-like models

Click here to go to the Fleet News running cost tool

Click here to go to the Fleet News car tax calculator

For further information on KeeResources, go to www.keeresources.com