Total Cost of Ownership

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?

The TCO puzzle

When do you know how your fleet is doing financially? The answer may - or may not - surprise you: You only know if you have an overview of all costs. To get a total overview of the costs you spend on mobility, we look at several aspects. Monthly lease costs, fuel consumption and emissions are some examples. The term Total Cost of Ownership actually says it all: insight into the total costs of owning a car.

Going electric?

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.

Whitepaper 'The TCO of electric cars explained'

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.

TCO for electric cars: 5 key questions

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.

An inside look at International Tender Management

Our colleague Kate has extensive experience in International fleet and mobility management. Ride along with this expert on the path of International Tender Management.