Whole Life Costs

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So what are Whole Life Costs?

 

Simply put Whole Life Costs are some or all of the expenses likely to be incurred by the vehicle operator. Certain of these constituent elements are quite obvious. For instance, Depreciation, Servicing Costs and Fuel.

 

But there are other factors to be considered that are often forgotten. Typically, these might include Funding Costs, Insurance or Employer NI and it is very important that the supplier can provide authoritative and accurate data covering each and every one.