Through one of our subsidiaries, BestCar, we’ve just help launch a total cost of ownership tool on the new EECA business website. It allows you make decisions on what car to purchase not solely based on the purchase price, but on what the vehicle will cost to run over the term (years) and distance (KMs) you’ll be keeping it for.
You can filter by the fuel type, purchase price, size of car, brand, drive and transmission. With over 600 brand new cars in the database, nearly every brand new car on the market in NZ is covered.
For each comparison, an electric vehicle or hybrid is also selected, so you can see that in some instances, an EV makes for a compelling case.
Once the calculations are done, the comparison is shown on screen and can be downloaded as a PDF
There are approximately 60 different pieces of data that go into the calculations, to give the complete total cost of ownership. There’s a fair amount of computing power that goes into generating the calculations, and we’re very proud of what our dev team (and our partners Optifleet) have been able to accomplish.
I encourage you to try the tool out.
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