Whole Life Cost

How will Whole Life Cost help your business?

Adopting Whole Life Cost reduces your overall fleet costs by helping you select
vehicles with better fuel consumption, lower tax and National Insurance Levels.

Whole Life Cost example

To show the importance of Whole Life Cost and the life savings that can be made, we compared two fleet vehicles over a three year contract hire agreement.

Despite the Nissan Qashqai having a higher monthly rental than the Kia Sportage, its lower CO2 output means it's cheaper to operate over the lifetime of the contract by more than £2,700. Multiplied across a typical 50 vehicle fleet, the vehicle with the higher monthly rental would actually save you more than £135,000 over the duration of the contract.

*Monthly rental includes maintenance. Total rental cost includes disallowable VAT. Total
fuel cost based on combined MPG. Insurance assumes an average yearly cost of £500. Assumes 20% Corporation Tax. Vehicles compared: Kia Sportage Diesel Estate 1.7 CRDi and Nissan Qashqai Diesel Hatch 1.5 dCi Tekna

Why choose Neva Consultants?

-       Neva Consultants understands Whole Life Cost and has helped clients achieve savings
using this approach for many years

-       The system Neva Consultants has developed makes the adoption of Whole Life Cost simple and straightforward

-       To help you see the benefits, we can provide examples of savings based on the current vehicles on your fleet or a vehicle you are considering

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