Are whole life costs important? You need to be fully aware of the total cost of running a vehicle. Most of our customers were unaware of the true cost of operating their vehicles before they came to TFS Vehicle Leasing. After analysing our review and reports about whole life costs, clients were able to fully understand the overall running cost of any vehicle.
We build a very accurate report based on information you provide, and using sources such as:
CAP Database
Department of Transport
TFS Vehicle Leasing database
Fuel and fuel card suppliers
BVRLAInsurers
Our calculation system accounts for:
Acquisition Type
Finance Costs
Tax (including corporation tax, capital allowances, VAT, NI, etc.)
Depreciation
Insurance
Maintenance and Repair Costs (SMR)
Non-scheduled Repair Spend (tyre puncture, glass, etc.)
FuelCosts
Admin Costs
Average Accident Costs
Vehicle Usage
You can have the world’s most comprehensive report, but it's pointless if it is not understood, or doesn't contain actionable information. We paint a clear picture, laying all costs bare and providing advice about how to reduce your bills. This helps you make the best decisions about which vehicles are right for your company, moving away from looking at vehicle costs as a two dimensional expense and allowing you to account for whole life costs.
Benefits of having this information include:
Ability to budget more accurately
Simplify purchasing decisions
Potentially make vehicles that initially appear more expensive a viable option
Provide drivers with better, more appropriate vehicles to lease, improving efficiency and employee satisfaction.
Contact us for more information.
* All vehicle images and car descriptions on this site are for illustration and reference purposes only and are not necessarily an accurate representation of the vehicle on offer.
T: 0800 910 1111
E: sales@tfsvl.co.uk
TFS Vehicle Leasing
25-39 Small Heath Highway
Birmingham
B10 0HR
TFS Vehicle Leasing are a credit broker and not a lender. TFS Vehicle Leasing are a trading style of Central Accident Management Services Limited and are regulated by the Financial Conduct Authority. Registered No : 461286
Registered Office : 25 Small heath Highway, Birmingham, B10 0EU | Registered in England & Wales with company number : 05927767 | Data Protection No : ZA094260 | VAT No : 896128091
TFS Vehicle Leasing are a member of the BVRLA, membership number 7066.
Copyright © 2018 TFS Vehicle Leasing, All rights reserved.