Fleet funding and policy review
A recent survey carried out by Hitachi Capital Vehicle Solutions revealed that, as a result of the credit crunch, 79% of fleet managers are looking for ways to reduce costs. We can help you to identify cost efficiencies through a free, no obligation fleet funding and policy review.
Hitachi Capital Vehicle Solutions use KPMG's carWISE fleet financial modelling tool to independently forecast the cost of acquiring, operating and disposing of company cars and light commercial vehicles (LCVs). This tool can also be used to calculate cash allowances, including the financial impact on employees. Our review is suitable for any fleet running 50 or more cars or light commercial vehicles.
Using this modelling software, Hitachi Capital can help you to assess whether your business is funding its fleet in the most efficient way through a no obligation fleet funding and policy review. Contact us today to book your free fleet review.
Reviewing your fleet funding and policy is essential to ensure your business is up to date regarding ongoing tax and accounting changes that relate to company vehicles.
What does Hitachi Capital's fleet funding and policy review cover?
- Every aspect of funding analysed, including:
- fuel costs
- insurance costs
- modelling of net present values to fully assess the cash flow implications of funding choices
- Calculation of a carbon footprint to asses the environmental impact of funding choices
- All applicable tax (direct and indirect) and National Insurance rules taken into account including the impact of changes in corporation tax treatment for cars leased from 1 April 2009
- Examination of 'what-if' scenarios to analyse the financial impact of possible changes to the provision of company cars or cash allowances, including:
- alternative funding methods
- fluctuations in business mileage levels
- different manufacturer support terms
- revised vehicle residual values
- Monthly breakdown of every item of income or expenditure as well as the net present value
Contact us today to arrange your independent fleet funding and policy review. Alternatively, to speak to a trained advisor, contact us on 01635 574 640.
Hitachi Capital Vehicle Solutions offers free fleet funding and policy reviews to buisiness with a fleet with 50 or more cars or light commercial vehicles.
