The true cost of your van fleet is not the monthly rental, or even the list price of the vans. For a valid figure, you need to know the vehicle Whole-Life Cost – sometimes also known as the Total Cost of Ownership. This takes into account a range of factors, and involves a number of different stakeholders in assessing them.
Calculating LCV Whole-Life Costs
Just as the true cost of your van fleet is more complicated than it initially appears, so the Whole-Life Cost (WLC) is not a simple financial decision. The importance of the fleet to your business is greater than simply its capability for moving goods from A to B. That’s why such a broad spectrum of factors needs to be taken into consideration when calculating the WLC.
Whole life cost consultation
A Whole-Life Cost Analysis will ensure your final WLC figure is accurate, by providing you with all the information you need, relating to all relevant factors.