Whole Life Cost Toolkit

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FAQ

  • Total Cost of Ownership tools provide a comprehensive view of all costs associated with vehicle ownership, including purchase price, depreciation, fuel, maintenance, insurance, and disposal value. This helps managers make more informed decisions by understanding the true long-term costs rather than just focusing on initial purchase price.
  • The tools can reveal how seemingly expensive upfront investments (like electric vehicles) might actually be more cost-effective over the vehicle’s lifetime due to lower operating costs.
  • By tracking and analysing all cost components, managers can identify areas where expenses are higher than expected and take corrective action. For example, if maintenance costs for certain vehicle models are consistently high, this might influence future purchasing decisions.
  • Total Cost of Ownership tools help optimize vehicle replacement timing by showing when maintaining aging vehicles becomes more expensive than replacing them.
  • Our Total Cost of Ownership tools often include environmental impact calculations, helping businesses understand and reduce their carbon footprint while complying with emerging regulations.
  • They can model different scenarios incorporating incentives, and regulatory changes that might affect future costs.
  • These tools help predict and plan for future expenses, reducing the risk of unexpected costs that could impact business operations.
  • They can also help identify potential reliability issues across vehicle types or manufacturers by tracking maintenance patterns.
  • Knowing the total cost of ownership will help managers understand and see residual values across different vehicle makes and models, enabling smarter purchasing decisions that maximize return on investment
  • By analysing historical depreciation data, managers can identify vehicles that hold their value better and time their sales optimally to minimize losses
  • This knowledge helps in negotiating better lease terms or making informed decisions between leasing and purchasing
  • Our Whole Life Cost tool helps you analyse operational data to match vehicles precisely to their intended use, preventing both under and over-specification of vehicles
  • The tools can compare different powertrains (diesel, petrol, electric, hybrid) against specific duty cycles to determine the most cost-effective option for each application
  • This targeted approach ensures each vehicle in the fleet is the most economical choice for its specific role, rather than using a one-size-fits-all approach

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Contact the team at XL Marketing below or call us on 01772 585111



Determine the optimum wat to tun your fleet or personal vehicle.

Use our Benefit in Kind Calculator for company car and van drivers to help you choose the most tax efficient vehicle. You can also amend the calculation for private mileage fuel, whether you make a capital contribution and where you make a monthly contribution for private use.

There is also an Employers National Insurance calculator for business Whole Life Cost calculations. This figure is amended whenever the Benefit in Kind calculation is changed to take account of private mileage fuel use, a capital contribution being made or employee monthly contributions.

Cars and Vans depreciate at different rates. This is usually the biggest cost to owning and operating a vehicle. Our Whole life cost tool allows you to compare these rates for vehicles you are thinking about buying. Also compare the costs of new verses used. Our Residual Value model is professionally created monthly from several sources and maintained by our in-house industry experts.

Find out how environmentally friendly your vehicles are and what carbon footprint you will have. Compare the taxation costs across vehicles and find out your road cost for the life of the vehicle. Our team keep the latest guidelines programmed in to give you the most accurate information at your fingertips.

Get accurate forecasting for service, maintenance and repair costs for thousands of vehicles with our Toolkit. We base maintenance predictions on manufacturer main dealer service costs, replacement and repair costs – including critical parts – combined with our own experts predictions of component life and failure. Now expanding out into the EV market too.

Using our search facility find exactly the make and model that’s going to work best for your fleet. Drill into the Analysis tool to compare up to 4 vehicles side by side with all their operating and running costs. Helping you make objective decisions about your next car or van and assist in business fleet selection policy.

The data in our toolkit is totally independent of manufacturers with no bias. Our team of completely independent automotive experts work with the latest taxation and finance rules to give you as accurate information as possible.