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Traditionally the Spring Statement is not something that fleet owners and company cars drivers look forward to. Within the Chancellor’s red case are often unwelcome and costly changes such as in increase in fuel duty, a change to the Ogden Rate, a rise in insurance premium tax (IPT) which will lead to high fleet insurance quotes, or a hike in vehicle excise duty (VED). Happily, this year there may be less to worry about. Brexit is taking up pretty much all of the government’s time and with a £15bn tax surplus he could, in theory at least, look to give drivers some much-needed relief.
Are Electric Vehicles The Only Way Forward For Fleets?
The calls for fleet owners to switch to cleaner vehicles has become almost constant in the past 12 months. With pressure mounting on both local and central government to clean up their air act and car buyers continuing to desert diesels in droves, drivers are increasingly looking for cleaner, greener fleets. Up to now most attention has been focused on electric fleets, but are there alternatives to this accepted fuel solution?
2018 will probably be remembered as the year that the electric vehicles came under serious consideration by fleet owners. Electric cars have rarely been far from the news in the past year and are increasingly being taken as a viable alternative to diesels. Advances in technology, the introduction of clean air zones, improvements in vehicle ranges and spiralling fuel prices have all lead to a surge in electric vehicle sales.
It’s already been branded as the most important car in history, and from a fleet vehicle perspective the Tesla 3 could be just that. Electric cars could offer a host of advantages for fleet managers – from cheaper fleet insurance to improved reliability and lower costs per mile. Historically, however, these advantages have been outweighed by the practicalities of range, limited availability of models and the cost of electric vehicles. If Tesla are true to their word that could all be set to change. In this latest blog from Getaquoteinsurance we’ll get under the bonnet of the Tesla promise, look at what the 3 and other electric cars could offer fleet owners in terms of benefits and consider an electric vehicle future.
2018 hasn’t been the easiest year to be a fleet manager. Fleet insurance quotes have risen owing to the changes in the Ogden Rate and rises in Insurance Premium Tax, the use of diesel vehicles have become more and more problematic with many hailing the death of diesel cars and fuel prices are back on the rise thanks to the fall in Sterling following last year’s Brexit vote. Yes, things are tough out there and with many predicting hikes in fuel duty come the Budget and with the electric fleets still just a nice idea for many, things look set to remain difficult.
Saving money on all aspects of running your fleet – be it saving on fleet insurance cover or saving on fuel costs – has never been more important. And to help you do just that, here’s our 2019 guide to reducing your fleet costs and keeping your vehicles where they belong: on the road.