logical™wholelifecost

The most advanced whole life cost calculator tool available.

Designed by logical, the most advanced whole life cost calculator tool available, covering all areas of importance including finance, depreciation, fuel and taxation, using ‘search and select’ capabilities for the first time.

Whole life cost example

Element

BMW 2 Series Diesel Coupe (2014)

220d [190] Luxury 2dr [Nav]

Audi A3 Diesel Hatchback (2016)

2.0 TDI Quattro S Line 3dr

P11D £28,495.01 £28,500.00
C02 115 126
Combined MPG 64.2 57.6
Fuel Diesel Diesel
Annual Mileage 20,000 20,000
Finance Rental £452.83 £383.93
SMR Rental £67.72 £53.32
Total Rental Ex VAT £520.55 £437.25
NI £3,142.57 £3,372.55
Fuel Cost £5,183.29 £5,777.21
Total Contract Inc Fuel £23,330.26 £21,335.07
Including Fuel Monthly Cost £648.06 £592.64

 

Both vehicles are based on a 36 month lease term and 20,000 miles per annum

What we cover

Our whole life cost model covers all areas of importance, including finance, depreciation, fuel and taxation. So why is it unique? Unlike many calculators available, the logical system allows us to analyse every single vehicle available from a range of look-ups and customer specific selection parameters. Most WLC tools calculate a value for a vehicle selected by the user.

Contact logical today to speak to one of our advisors

We calculate, but does it all add up?

The logical approach is to determine the requirements and policy parameters of the business and we then deploy the system to identify the most cost effective solutions available from the entire vehicle database. For example, a business might select a maximum 130 CO2 threshold, an effective lease rental for each policy grade and best fuel consumption. Once selected, our system selects every single vehicle that is produced at any given time that meets these characteristics. This list can then be further refined based on other factors, such as manufacturer choice, vehicle type etc. Ultimately a WLC benchmark can be set for each policy, grade or type.