Total Cost of Ownership Simulator
One of the most important factors in choosing which vehicles are the best buy for your fleet and fit perfectly with your drivers’ profiles is the Total Cost of Ownership (TCO). And calculating it has traditionally been quite a complex operation. But not anymore. Our experts have created the Athlon TCO Simulator.
The TCO puzzle
There is an unwieldy number of questions you need to ask if you want to calculate your Total Cost of Ownership. Do you take fuel consumption into account? What tax benefits do you qualify for? Why are CO2 emissions important?
Making TCO easy
Athlon has developed a TCO Simulator that takes every factor into account. Vehicle make and model, expected mileage, depreciation, fleet size, maintenance, insurance costs plus fuel and/or energy consumption, among others. This makes it easy to compare makes and models, different technologies, your contract duration and how your expected mileage influences costs.
The results are even country specific. The TCO Simulator takes local legislation and regulations into account. Among other factors, it works with benefits in kind, incentives, company-car taxes, fiscal advantages and VAT. And it does it all in next to no time. Currently available in Belgium, France, Germany, the Netherlands and the UK.
How to calculate the Total Cost of Ownership?
If you use the Total Cost of Ownership simulator you will save time and get insights in your fleet at the same time. The TCO simulator is quick, easy and accurate. You'll have the results in no time. An intelligent and helpful tool, proudly developed by Athlon.
Compare the TCO of different makes and modelsSet side by side the different models and makes you're interested in and check for example the differences between the TCO of an electric car compared to a petrol or diesel engine.
Check the breakdown of the Total Cost of Ownership of your favourite carsFill in the ideal length of your lease contract and the amount of kilometres you expect to drive yearly. The TCO calculator gives you thereafter all the insights you need to see the breakdown of the costs of your favourite cars for your mobility solution
See the comparison of TCO's in different marketsCompare makes and models, different technologies and contract durations on a country specific level.
Is an electric fleet too expensive? The price tag on a hybrid or electric vehicle is higher than the one on an equivalent vehicle running on petrol or diesel. However, the tax benefits, reduced fuel costs, lower maintenance costs and slow depreciation are all advantages that drive your TCO down. Once you’ve factored in the benefits you receive for installing charging points, you might benefit from adding electric vehicles to your fleet.
Keep on track
Deep dive into these articles and get inspired to tackle your challenges when it comes to mobility.
Electric cars are here to stay, and at Athlon we want to ensure that our customers can make the transition from ICEs (internal combustion engine) to EV (electric vehicles) without the slightest hitch. However, customers often have a lot of practical questions. Ronald Van Slooten, Athlon International’s e-mobility specialist, tells us more.
Is electric driving cheap or expensive? The true cost will positively surprise you when you go TCO. Just make sure to tailor your approach to every specific European market.
Driving your company towards green mobility has never been easier. Figuring out the costs of an electric fleet on the other hand, can be quite a hassle. By answering five questions, you’ll be up to speed with the the financial specifics of fleet electrification in no time.
Do you like to read more, are you curious about our related solutions and cases, or would you like to find out what Athlon can do for you?