Hidden costs
Small, invisible and repeating every year.
An insurer without an accurate valuation prices in a provision to cover its own uncertainty. You pay for that uncertainty on every renewal. CarCloud updates the value of your whole fleet monthly, so your premiums are potentially fairer.
Most agreements are signed once and never revisited. Rates move and vehicles reduce in value, so the moment when switching to a better deal is sensible comes and goes unnoticed. Yes, many people can switch, but don’t know it. CarCloud models your equity forecast so you know when switching or refinancing becomes sensible.
Tax, MOT or insurance missed by a week costs more than the renewal did — and for the vehicle involved it can invalidate cover entirely. Renew insurance 25 to 26 days before the date and you might save 30 to 50% on the premium (MoneySuperMarket, 2025).
Deferred maintenance might be cheaper this month, but it becomes more expensive at the next service, and again at resale. CarCloud monitors your service dates to help keep your vehicle roadworthy.
Too early and you pay for depreciation you did not use. Too late, and you pay for repairs you should never have had. And do you know the fair valuation? CarCloud brings you trade and private sale valuations, so you have the knowledge to buy and sell, finance and insure, at the right price.
The hours spent reconciling invoices, chasing drivers and rebuilding spreadsheets come to around £2,165 per vehicle, per year in lost productivity. Plus the resulting frustrations and negative impact on staff. It is a real cost. It just never appears on an invoice. CarCloud positively engages your employees with a digital solution that benefits the company and your team.
Cost calculator
Some of that average 17.7% overspend is invisible without your own numbers. The administration is not — it can be estimated in about a minute.
Answer four questions and see an indicative figure for the working days lost to administration. This is an admin calculator only — it does not attempt to price the insurance, finance or utilisation savings, which are real but need your own numbers.
Open the calculatorAdmin days, at the defaults
Company vehicles
40
Grey fleet
60
Drivers
110
Lost to admin
54.0 days
a year, across the fleet
Example only. The calculator publishes every assumption behind this figure, and each one can be changed.
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