WHOLE LIFE COSTS WITH AGNEW LEASING

At Agnew Leasing, they utilise the market leading fleet analysis software suite from a top tier professional services firm. This software treats companies and employees as individual entities to provide the optimum solution every time, whatever the situation. The software facilitates the ability to utilise a financial model known as Whole Life Cost (WLC). WLC is the term given to the overall cost for your fleet vehicles over the term of leasing or ownership.

Many companies use either purchase price or monthly rental cost as the central criteria when acquiring vehicles. However, when considering the other costs of running a fleet such as servicing, maintenance, fuel spend etc., the monthly costs may not fully reflect the true costs over the lifetime of the vehicle.

Using the information specific to your company, they will build a model showing accurate WLC’s. This software will then illustrate a graphical output and report summary showing the optimum vehicle selection for your company. The team at Agnew Leasing will draw up recommendations for tackling your existing vehicle costs, improving efficiency, and achieving green objectives.

Construction giant GRAHAM, 300-vehicle fleet is managed by Agnew Leasing and has begun the process of integrating EVs into its fleet in a move that is set to be emulated by the rest of the corporate world in the coming years.

GRAHAM Director Johnathan Hall said “At GRAHAM we have always maintained a keen focus on costs and Agnew Leasing has continued to assist us with the process since becoming our chosen fleet management company. They have introduced us to the principle of properly calculated whole life costs which have in turn allowed us to have a consistent approach to our vehicle procurement. It also facilitated the integration of Electric Vehicles into our fleet which is a key element in our overall group sustainability agenda.”

For more information on how Agnew Leasing can help your business please contact David on 028 9038 6600 or email david.mcewen@agnews.co.uk

Mark Owens Managing Director (NI) at Civica