As a Fleet Decision Maker you will evaluate a wide range of costs associated with running a vehicle before making a purchasing choice. This analysis is often referred to as a vehicle's Whole Life Costing / Whole Life Cost (WLC). Don’t forget to use our award-winning Whole Life Cost calculator to run calculations of your own.
For a company that operates cars on its fleet, there are many more costs to consider than just the initial purchase price. Throughout a vehicle’s operational life there is a wide range of costs that will be incurred which, in order to make comparisons between vehicles easier to understand, are brought together under one umbrella known as Whole Life Costings (WLC). Using Whole Life Costs as a metric for vehicle comparison is an easy way to bring together all the various headline figures such as MPG, CO2 emissions and servicing costs into one manageable figure.
The factors that need to be taken into consideration for Whole Life Costings are listed below.
Analysing all these costs together will give you an informed view of the real costs of buying and operating different cars. Visit the Whole Life Cost calculator found in the Toolbox to compare the Whole Life Costs of different vehicles using independent data supplied by CAP*.
Images and colours shown are for illustrative purposes only and may show optional equipment.
* = All data provided by CAP. CAP is a market leading provider of vehicle valuation data to the automotive industry.
** = Excludes fuel & lubricants; congestion charges; parking and speeding fines and the £250 insurance excess (if applicable).