Cardata’s Post

Why are companies abandoning their fleets of company cars? 🏃♀️ The landscape of work is changing, and businesses are questioning the viability and sustainability of their fleet programs. As inflation continues to put cost-saving pressure on business finances, decision-makers are forced to evaluate costs and innovate. There is simply too much risk, cost, and administrative burden to bear with fleet programs. There are an abundance of alternative vehicle program options out there, including those that leverage employees’ personal vehicles. Employee satisfaction and financial ease are not mutually exclusive: tax-free personal vehicle reimbursements make this dream a reality.  ⭐ #Fleet #VehicleReimbursementProgram #Cardata #CompanyCars

Next week will kick-start a year of change for fleet managers and the world economy. From changing fuel types to new governments (including a looming UK General Election), we picked the three big themes driving transport strategy in 2024. #fleetmanagement #fleet #2024trends #election2024

Check out this Fleet World article featuring our Commercial Director, Rory Mackinnon and learn how our approach maximises fleet potential and delivers substantial savings for our customers 💡 Read the full article here 👉 https://lnkd.in/edpDdk6Y #Holman #DrivingWhatsRight #AgilityIsKey #FleetManagement

📞 Book a FREE Fleetscan and take control of your #companycar fleet. Many companies now focus on their #core activities, whilst outsourcing everything that is #noncore. This includes company car fleet. Moving car #fleetmanagement to external suppliers brings many challenges for the fleet owner – our clients say we solve these challenges – do you recognise them? 1️⃣ Lack of Transparent Control Company car lessors have sophisticated ways of applying margin to consumables and services, in fact these margins drive most of their revenue, accounting for around 80% of their income. It is a common misconception that only management fee and interest margin are open to #negotiation – in fact there are six #costcategories within a typical #vehicleleasing contract that are used to generate revenue and controlling them reduces contract cost creep. Fleetworx provide this #control. Any organisation that operates a company car fleet can request a FREE FleetScan from Fleetworx – take control of your company car fleet. Book your FleetScan now 👇 https://lnkd.in/ejTXgsai Graham Rees Tom Osborne Laurie Pearce Matthew Evans Connor C.

Learn more about Holman’s unique approach in this article and unearth why we approach the market in the way we do Holman UK

What's your thoughts? Has your business thought of how it could/should or is planning to change current fleets away from traditional fuelled vehicles. This could cost businesses a lot of money if not planned and thought out over the coming years with impact on property decisions, infrastructure costs and the impact of change to driver/vehicle working week. https://lnkd.in/eiZTTmD2

💼 Unlock Savings, Boost Productivity: Embrace Telematics! 🚀💰 Senior management, it's time to revolutionise with telematics! 🌐💡 📊 Financial Persuasion: Better scheduling, increased vehicle utilisation, and higher productivity can slash operating costs by 10%. 🚗 Drive Green, Save Green: Optimise driving styles, cover fewer miles and cut speeding for a sustainable, cost-effective fleet. 🚦 Safety First, Costs Last: Telematics cuts crash costs by up to 50% with reduced speeding and enhanced driver awareness. ⏰ Efficient Workforce Management: Record drivers' hours accurately with telematics and say goodbye to unnecessary overtime claims, saving thousands. 🅿️ Parking Wins: Challenge fines for parking infringements confidently with accurate location and time info from telematics. 🤝 Insurance Benefits: Build trust with insurers! Telematics can lead to reduced premiums as insurers value your commitment to safety. 💡 Embrace telematics, drive efficiency, and watch your business thrive! 🌟🚚 Please visit our website to read more 👉 https://lnkd.in/eGewqA2n #Telematics #Efficiency #CostSavings 🚀

What a busy few weeks I/We have had here at Vehicle Consulting - Solent A small, but dedicated, passionate, skilled and smart working team here on the Isle of Wight that all love what we do. Thats helping business's switch to EV in the easiest way possible. Helping advise business owners, directors, senior managers, HR managers, drivers and employees. Using our multiple panel of lenders, utilizing the fleet discounts we can negotiate from car 1. Making sure every car we supply is right for every driver. We use years of dedicated expertise in our sector to answer any of your "stupid questions" in a factual, unbiased and impartial way. We all know what we are doing, we all love doing it and were good at it. This past week we have seen 5 new companies join our EV Salary sacrifice programme which for me, is amazing. We are a family run business, every contract matters to us, we care, every day. These range from 110 employees, down to just 1. We love all business's of all sizes and offer a truly bespoke, scalable solution for your business - you don't have to be a large company to get this amazing benefit for your business, your employees. A zero cost to your business, this is our expertise, to set this up simply, easily and hassle free, invest in your employees and let them invest in you and your business equally. Your expertise, your professionalism, is in what your business does. This is ours. Let us help you, if not today, in the future. Start the consulting now, ask the questions, do the research, get it right. Ask me, not google. Get in touch - start your EV journey today with me :) #ev #salarysacrifice #electriccars

🚗 FAQ: Should you offer your employees a company car? Many business owners wonder about the benefits and drawbacks of providing company cars for their staff. Here’s a quick breakdown: Benefits: 1.      Employee Incentive: If you want to attract and retain talented staff this can be a valuable way of showing you appreciate their hard work. 2.      Financial savings: You could provide cars via salary sacrifice, resulting in significant savings on National Insurance contributions. 3.      Branding: High end vehicles can present a good impression, particularly if sales representatives use them. Drawbacks: 1.      Benefit-in-Kind (BIK) Tax: Company cars are subject to BIK tax, which can be high depending on the car’s CO2 emissions. (NB: For 2024/2025 electric cars with zero emissions are only taxed at 2% of the list price!) 2.      Expenses: The company is responsible for paying for any related expenses e.g. Insurance/damage. 3.      Costs: Providing company cars will require a considerable upfront investment. Weigh these pros and cons to decide if company cars are the right choice for your business! 💼💡 Contact us here for advice: https://lnkd.in/eMn3U2KY #VisionaryAccountants #CompanyCar #BusinessTips #TaxSavings #EmployeeBenefits

Do you find reimbursing your electric grey fleet and salary sacrifice drivers complex and unfair? Here's how to fairly pay for electricity simply with Allstar Chargepass®. 👉 https://ow.ly/4CLe50Q2ugn #allstar #chargepass #greyfleet #fleets #ev #salarysacrafice