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We’ve included a Benefit in Kind tax calculator for company car and van drivers to help you choose the most tax efficient vehicles. You can also amend the calculation for private mileage fuel, whether you make a capital contribution and where you make a monthly contribution for private use. So you are able to determine the optimum way to run your personal or company vehicles.

There is also an Employers National Insurance calculator for business Whole Life Cost calculations. This figure is amended whenever the Benefit in Kind calculation is changed to take account of private mileage fuel use, a capital contribution being made or employee monthly contributions.

Cars and vans depreciate at differing rates. This is the biggest cost to owning and operating a vehicle. The Whole Life Cost tool allows you to compare these rates for the vehicles you are thinking about buying. It also allows you to compare the cost of existing vehicles with those you are planning to buy. And, of course, you can compare buying a used car with buying a new one.

Your annual road tax is based on the CO2 for your vehicle. This tool builds in the annual road tax payable based on its CO2. So you can compare the most environmentally friendly vehicles and save money on your road tax and first registration fee at the same time. You can also measure your carbon footprint by using our Carbon Footprint calculator. The fuel calculator takes into account the MPG on your selected vehicles and calculates your total fuel cost over the selected period and mileage. These MPG figures can be amended to take your own figures into the calculation, and it is also possible to build in your own mix between electric and petrol use on a Plug-in Hybrid.

Compare Service, Maintenance and Repair budgets to establish which vehicles are the most cost effective to run, and compare the forecast cost on your existing vehicle with the vehicle you are thinking about buying. Our experts build in component wear rates on a model by model basis, and the budgets will also take into account differing prices for components between the manufacturers and their model ranges. The correct servicing intervals and costs for those services are also built into the budget for the period and mileage which you choose.

This tool allows you to compare up to 4 vehicles side by side with all their operating cost and running costs. It will therefore help you to make objective decisions about your next car or van, and will assist in business fleet selection policy. Costs included in the tool are Depreciation, Interest, Service and Repair Costs, Road Tax, Fuel Costs, Insurance Groups, Employers National Insurance (for businesses) and there are tools to calculate Benefit in Kind tax (for company car drivers) and to calculate your Carbon Footprint.

The data on this website is totally independent and has been forecast by independent automotive experts. It is not influenced in any way by businesses with a vested interest in selling vehicles, finance or vehicle services.