Fiat Says Fleets Should Buy On A Whole Life Cost Basis

Whole life vehicle costs accurately represent all aspects of running a vehicle over the duration of a contract, and help fleets to budget more accurately, but many companies still don’t take this issue seriously enough.   

In certain cases, vehicles selected for their low initial purchase price, or perceived superior fuel economy, could end up costing users more than they bargained for when all running costs are taken into consideration, said Fiat. Fiat believes that now is the time for ALL fleet users to choose cars for their choice list based on a whole life cost basis.

To put this into perspective, Fiat’s highly-efficient Bravo Active Eco MultiJet 105 diesel model, introduced this year, boasts long-term running costs of just 34.65p per mile over three years/60,000 miles, according to the latest Carcost figures.

This figure is comparatively meaningless when viewed in isolation, but has real significance when stacked up against key rivals.  Under such circumstances, it’s possible to see where the new Eco MultiJet 105 can significantly cut the cost of motoring for fleets seeking a highly efficient and practical, medium-sized, five-door hatchback.

As the figures below revea (all figures supplied by independent research company, Carcost ), the Fiat boasts £506 lower fuel costs than the Vauxhall, is £870 cheaper to purchase than the Citroën and runs out a £513 saving in running costs over the Vauxhall. 

The Bravo Active Eco MultiJet 105 has the most powerful engine of the sample group with 105 bhp; it boasts advanced 1.6 litre diesel engine technology matched to a six-speed transmission, a leading economy figure of 62.8mpg, and low emissions of just 119g/km CO2. 

Typical running costs for the Fiat Bravo 5dr Active Eco MultiJet 105 and key rivals over three years/60,000 miles per annum are illustrated below.

1. Make/Model Fiat Bravo 5dr Active Eco MultiJet 105, P11D Value £14,035, Engine/Transmission 1.6D/6-speed, MPG 62.8, CO2    119, Fuel Costs £5602, Pence Per Mile 34.65, Annual Costs £6930
2. Make/Model Citroën C4 5dr SX HDi 92, P11D Value £14,905, Engine/Transmission 1.6D/5-speed, MPG 60.1, CO2 120, Fuel Costs £5854,  Pence Per Mile 36.61, Annual Costs £7322
3. Make/Model Ford Focus Studio TDCi 90 5dr, P11D Value £14505, Engine/Transmission 1.6D/5-speed, MPG 62.7, CO2 118, Fuel Costs £5611, Pence Per Mile 35.08, Annual Costs £7016
4. Make/Model Vauxhall Astra Life CDTi 90 5dr, P11D Value £14650, Engine/Transmission 1.3DT/6speed, MPG 57.6, CO2 130, Fuel Costs £6108, Pence Per Mile 37.22, Annual Costs £7443
   

For more information on the Fiat Bravo Range or to book a test drive call our Fiat sales teams on Darlington freephone 0800 980 4532 or York on freephone 0800 072 0762.