We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive all cookies on the Business Car website. However, if you would like to, you can change your cookies at any time
The start point for the best source of fleet information |
When asked about developments for whole-life costs, KeeResources' Mark Jowsey said his firm had software in development to analyse more elements that affect vehicle running costs.
"There is far more emphasis on the impact of writing-down allowances. We've got journey cycling, which allows you to look at alternative powertrains in the context of a particular driver. I think that's the next step required because it's getting more complicated all the time."
Lex Autolease's Chris Chandler raised the issue of the requirement for whole-life costs to develop and differentiate between the perceived and actual benefits of alternative-fuel vehicles.
"Where we are now and where whole-life cost is becoming more important and more complex is with some of the new vehicle technologies. Electric is quite easy at the moment - zero tax, so it's your rental rate and it's something like 3p per mile for your electric, so that's not too difficult.
"What gets complicated is when you've effectively got dual fuel - range-extenders like the [Vauxhall] Ampera, that can do 40 miles on pure electric. The person that's using that vehicle: are they doing a daily commute that's 40 miles or is it 80 miles and they can charge it at work, which is 90% of their driving? That would making it 90% at 3p per mile and then the other 10% would have the range-extender coming in at 40mpg. Or have they taken a range-extender because they want 5% BIK and they're running around doing 40mpg all the time?
"Fleets may be on a whole-life cost policy, but until you ask these questions and work out how the vehicles are being used, it's hard to tell.
"When the tax starts coming in on electric vehicles - which it will because the chancellor needs to balance his books - that's when whole-life costs will become increasingly important."
BusinessCar magazine ©2019
Business Car Magazine © 2020 | Business Car is part of NS Media Group.
