Fleet News

Europcar UK launches grey fleet calculator

Europcar UK has created a new tool aimed at giving employers a way of tackling the financial and employee risk burdens of grey fleet usage.

Research published in 2016 by the Energy Saving Trust (EST), in partnership with the British Vehicle Rental and Leasing Association (BVRLA), revealed that employees using their own cars in the public sector alone accounts for 1.5 billion miles, at a cost of more than £750 million per year.

By entering details of the grey fleet driver's car and journey, the Europcar grey fleet calculator assesses the true cost, enabling employers to identify whether it is more economical for an employee to use their own vehicle or utilise a hire car for a specific business trip.

Gary Smith, managing director of Europcar UK Group, said: “Our goal with the introduction of our grey fleet calculator is to give employers an easy way to identify the best mobility solution for each business journey."

Click here for grey fleet best practice and procurement insight

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