The Fleet News car running cost tools have been updated to reflect the switchover to WLTP CO2 emissions data and the new 2020/21 benefit-in-kind (BIK) bands.
Users can find out how much a new car will cost in BIK tax, what the fuel and running costs will be, plus the residual value prediction.
Fuel economy and WLTP CO2 emissions data for each model is also available.
Fleet managers and company car drivers can be confident that the data, provided by Kee Resources, is accurate and up-to-date.
From April 6, all new cars will be taxed according to the CO2 emissions data derived from the more stringent WLTP test. This results in a higher figure for the majority of models.
In the same month, new BIK bands come into effect. Cars registered before April 6 2020 will be taxed according to one table, still based on NEDC emissions figures, while cars registered after April 6 will use a different table.
Electric and plug-in hybrid cars – those with CO2 emissions of less than 50g/km – benefit from much lower BIK. For the first year, electric cars don’t attract any BIK at all.
To view the latest WLTP CO2 emissions figures for any car, visit the Fleet News Car CO2 and Fuel Economy database.
To calculate the BIK and running costs, visit the Fleet News Company Car Tax Calculator.