Focusing simply on monthly lease rates will not only skew fleet policy, but could lead to greater costs for the business, says CBVC Vehicle Management.
The cost of owning and running a car has soared since the Brexit referendum in June 2016, according to new research by Vantage Leasing.
Honda UK has launched an interactive whole lifecycle costs (WLC) calculator, which is available on its refreshed website.
Arval is giving customers the option to use official Advisory Fuel Rates (AFRs) instead of pump prices in order to make company car choice lists more consistent.
By Simon West-Oliver, director of sales and marketing, Drive Software Solutions
Clear Vehicle Data has launched a wholelife cost comparison product aimed at fleet operators, leasing companies and brokers, manufacturers and main dealers.
Honda’s new Civic offers fleet customers the lowest whole-life costs against key petrol-powered rivals.
Fuel Card Services is offering fleet managers a free whole life cost digital guide.
Construction business Osborne is expecting to save more than £100,000 over a four-year car replacement cycle after adopting a whole life cost selection policy.
Go Ultra Low is urging fleet decision-makers to use wholelife cost calculations to choose their company cars in order to secure financial savings.
Companies are ‘wasting’ cash by not employing wholelife costs when selecting their company cars, experts have claimed at the ACFO Spring National Seminar.
Martin Keighley has been appointed managing director of vehicle data provider DrivenData, previously holding positions at CAP and VIPData and has 35 years’ automotive industry experience.
Customers of Allstar can now buy lower price diesel in over 1,700 fuel outlets – more than one in five of the total Allstar network, with its new Premier Programme product.
The Ford Fiesta, has toppled the luxurious BMW X5 from top place in CAP Automotive’s Total Cost of Motoring consumer research charts.
The introduction of a ‘greener’ petrol to meet EU regulations could cost UK drivers billions of pounds a year and increase harmful CO2 tailpipe emissions.
Councils and local authorities are facing a ‘mileage minefield’ as attempts to cut reimbursement rates falter in the face of resistance from unions and employees.
New data from Government confirms that Supermarkets now have a much higher share of the UK market for retail transport fuels than previously thought, increasing pressure on independent fuel retailers.
KIS Autodata launched to provide residual values to vehicle manufacturers and leasing companies.
KeeResources, a leading provider of automotive data to vehicle manufacturers, retailers and the fleet industry, has called for a minimum level of data to be included as standard in calculating whole life costs (WLCs).
Poor driver care and maintenance is responsible for the premature replacement of a quarter of tyres on vehicles managed by ARI Fleet UK thereby unnecessarily increasing fleet operating costs.
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