Whole Life Cost Analysis

Understand the true running cost of your business fleet

Toomey Leasing Group can provide a Whole Life Cost Analysis of running a business fleet. It allows companies to work out the true cost of creating and operating a business fleet. When you complete a full whole life cost analysis, you will be able to make an informed decision when selecting which vehicles to consider for your business fleet. 

Our cost breakdown analysis considers:

Acquisition Price

The acquisition price refers to the total amount paid to acquire each vehicle. This includes all associated costs with funding the fleet.

Servicing and Maintenance

Servicing and Maintenance is the process of keeping your fleet vehicles operational and ensuring they are reliable for the road.

Depreciation

Fleet depreciation refers to the decline in value over time due to the day to day running of the vehicle. It is the difference between the price of the vehicle and the residual value.

Current Tax Regime

This analysis also takes into account the different taxs involved such as: VAT Corporation Tax, National Insurance and Company Car Tax.
How will this service assist your business?
Accurate Forecasting

1 The breakdown considers all costs, even those you may not be aware of. Allowing you to pick the most suitable vehicle for your fleet and improve the overall efficiency of your business. 

No Hidden Surprises

2 Gives you a different perspective of the overall cost of the vehicle, as opposed to just the initial costs. This allows your business to be prepared for any additional unexpected costs that may restrict your cash flow. 

Greater Visibility

3 It provides clarity of what the vehicle will cost you throughout its contract. This means you can provide an accurate and detailed forecast for the future.


To find out how a whole life cost analysis may help your business, simply call us on 01332 205828.

Contact

Call  Driverline Support: 01332 369950
Call Sales: 01332 205828

Toomey Leasing Group Ltd, Sheridan House, 11 Vernon Street, Derby, DE1 1FR

Toomey Leasing Ltd. Registered office: Service House, West Mayne, Basildon, Essex SS15 6RW. A member of MJT Securities Ltd. Registered No: 962747 England VAT Reg Number: 690 6389 96. Authorised and regulated by the Financial Conduct Authority for the purpose of insurance mediation activity. FCA Firm Reference No: 687548. Toomey Leasing Group Ltd is committed to protecting personal data.

Toomey Leasing Group is a wholly owned subsidiary of MJT Securities Limited.
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