
Cost Efficiency


Could the rush to green vehicle fleets be a costly mistake?
Businesses need to carefully consider different factors including the TCO (total cost of ownership) and aspects such as charging ‘downtime’, maintenance and reliability.

Five fibs which could invalidate insurance
The consequences of withholding or giving false information to obtain cheaper car insurance can be severe. Far from saving money, being untruthful can be costly.

Uncapped data could see insurance premiums rise
Since 2009, Thatcham's Group Insurance Rating has placed vehicles into a 1-50 system by using a capped algorithm to help insurers determine the cost of cover. While there are no plans to replace the current process, raw data shared as a result of taking the cap off has seen around 500 cars surge into a 50-plus category.

EV fleets could save £ millions in congestion charges

EV fleets could save £ millions in congestion charges
Analysis of Transport for London data obtained via a Freedom of Information request revealed that, despite a freeze in payments last year - from 23 March to 17 May due to the Covid-19 pandemic - businesses still spent more than £1.4 million per month to enter and operate in central London.

Increased termination fees highlights the cost of Covid-19
Research commissioned by Europcar Mobility Group in August 2020 found that 52% of fleet manager admitted that they have had to pay increased termination fees. With economic uncertainty continuing well into 2021, an optimised vehicle fleet that can be changed as requirements vary will be key to ongoing success for many businesses
