FLEET FUEL SAVINGS CALCULATOR
The GEOTAB fleet solution will result in payback in under 12 months. Payback is even faster when more time during the day is found for invoiced projects. In addition, GEOTAB alerts risk management of harsh braking and over-speeding. GEOTAB improves maintenance scheduling and provides an audit trail of driving activity as required by government.
25
TARGET 10% to 15% FUEL COST SAVINGS
What does a kilometre of driving cost your operation? Use the calculator below to find savings by reducing distance driven. Keep tires properly inflated, rotated and replaced. Proper tire inflation increases fuel economy by as much as 5%. Don't Idle when stopped. 4 litres of fuel is burned when an engine idles for approximately 1 hour at rest (900 RPM). Watch your speed. At speeds above 100 km/h, the fuel loss is about 1% for each kilometre per hour increase in speed. Keep your car tuned. Proper tuning not only increases fuel economy by up to 10%, but it also reduces air pollution. Use your air conditioner wisely. Air conditioners can increase your fuel consumption by up to 12% in stop-and-go traffic. Unnecessary weight wastes fuel. Every 45 kg (100 lbs) of extra weight consumes 1% more fuel.
MONTHLY FUEL SAVINGS - REDUCE DISTANCE DRIVEN BY MONITORING ROUTE AND PERSONAL TRIPS
Step 1: Calculate Fuel Cost per Kilometre
Average Litres Purchased Per Month Average Cost per Litre Average Monthly Fuel Purchases Average Kilometres Driven per Month
Step 2: Distance Driven per Vehicle and Guaranteed Savings
Estimated Kilometres Driven Per Vehicle Per Month If Estimated Monthly Kilometres are < 1500 then if Monthly Kilometres are > 1500 and <2500 then if Monthly Kilometres are > 2500 then
450 $0.78 $351 3,000
3,000
36000 annual 5% 7%
Guaranteed Distance Savings Average Running Cost Per Kilometre
360 360 $42.12
12% km
$0.117
Guaranteed Monthly Fuel Savings Per Vehicle
MONTHLY FUEL SAVINGS - REDUCE ENGINE IDLING - SAVE GREENHOUSE GAS EMISSIONS
Idling gets you nowhere…turn off your engine…save fuel, save engine wear, save maintenance, reduce SMOG Step 3: Calculate Engine Idle Time
Estimated engine hours are based on kilometres driven divided by average 37 kph speed.
Vehicle Type
Light Duty Vehicles Medium Duty Vehicles Heavy Duty Vehicles
Savings
6% 12% 20%
Engine hours 81
Idle Savings (Hours) 4.9 9.7 16.2 $15.18
Light Duty Vehicle
Guaranteed Monthly Fuel Savings Per Vehicle by Reducing Idle time
MONTHLY FUEL SAVINGS - REDUCE HIGHWAY SPEEDING - REDUCE ACCIDENT CLAIMS
Fuel loss is about 1% for each kilometre per hour increase in speed over 100 kph
Additional benefit of reducing highway speed is reducing accident claims and traffic violations primarily due to rear end collisions. The GEOTAB system reports harsh braking to notify managers of drivers that require driving training. Harsh braking and over-speeding equals higher fuel expense and higher risk of collision and the resulting personal injury.
WHAT IS TIME WORTH TO YOU?
You've just saved each driver 30 minutes each day through more efficient routing, driving and less idling.
What is that time worth to you? ...an extra invoiced sale per day, less overtime paid, one less vehicle you need to buy? We'll show you that simply based on the conservative numbers we've provided on this sheet that the GEOTAB system pays for itself in less than 12 months or, if leased, payback is realized immediately.
What is the value of 30 extra minutes per vehicle each day to you?
$10
$210.00
21 days/month
SAVINGS SUMMARY
Distance Monthly Savings Total Number of Vehicles/Drivers Number of Branches Total Estimated Cost of the GEOTAB Solution Idling Productivity Total
$42.12 25 1 $29,200
$15.18
$210.00
Estimated Monthly Savings
$267 $6,682 $56
Estimated Cost of Financing Per Vehicle Per Month
There are NO monthly fees with GEOTAB - so the savings below are REAL and NET SAVINGS that have a positive impact on your budget! PURCHASE SAVINGS Estimated Gross Annual Savings Estimated Net Savings in Year 1 Estimated Net Savings in Year 2
LEASE FINANCED
SAVINGS
Gross Savings Per vehicle Per Month Net Savings Per Vehicle Per Month Net Savings Per Year
$80,190 $50,990 $131,179
$267 $212 $63,510
Qualifying fleets must complete a leasing application and be approved.
This Return On Investment Calculator is a business tool to identify possible areas of savings for a fleet in fuel cost reduction and the resulting improvement in productivity. To review your specific payback calculations, please contact your GEOTAB representative. This document is not an offer to sell, lease or finance GEOTAB systems nor is it a guarantee of payback. GEOTAB will provide a payback guarantee for your specific fleet once your operation has been reviewed. Payback results must be achieved through behavior modification leading to savings. GEOTAB's high resolution information reports provide the best opportunity to retrain and modify behavior based on the quality information gathered. Statistics and percentages are a composite of information available http://oee.nrcan.gc.ca/ , www.mto.gov.on.ca/english/pubs/fueleconomy.htm Copyright © GEOTAB 2004, All Rights Reserved
Finance Proposal Calculator
Revision 11/7/03 GEOTAB is pleased to offer this financing option through Lease Corporation of America (LCA),
widely recognized as a leader in the small ticket lease finance industry throughout the U.S.
Below is the LCA lease finance quote you requested with a monthly payment option for your review: Equipment Cost: $ 29,200.00
Term:
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Lease Option: Monthly Payment Amount (Excludes Sales/Use Tax): Monthly Payment Amount Per Vehicle (Excluding Sales/Use Tax)
$1.00 Buyout
$
1,389.92
*
$
55.60
Payment includes sales/use tax on the equipment cost.
Benefits of Leasing
*Finance 100% of the equipment cost, including software, installation and training *Realize potential tax advantages *Budget efficiently with a fixed monthly payment during the entire term of the lease *Conserve operating capital and free up bank lines of credit
* Does not include Documentation Fee of $49.00
To qualify for these terms, a one-page application must be submitted to GEOTAB for transmission to LCA. If you have any questions regarding this lease proposal or would like to discuss other leasing options, please contact your GEOTAB account representative at 1-800-227-3716.
Best Regards, Account Representative GEOTAB
* All payments are exclusive of tax * All leases are subject to credit approval by Lease Corporation of America * Actual payment may vary depending on end-user credit and financial references * Purchase options are available only if lessee has not been in default during the term of the lease * All rights reserved * This is not an application for credit
Cost Bounds Cat 1 Cat 2 Cat 3 Cat 4 Cat 5 Cat 6 Card Check Red Blue Option Check 10% Buyout 10% Prepaid Purchase Option $1.00 Buyout Fair Market Value Term Check
1000.00 5000.00 10000.00 15000.00 25000.00 50000.00
5000.00 10000.00 15000.00 25000.00 50000.00 100000.00
Cost Check 0.00 0.00 0.00 0.00 1.00 0.00
0.00 1.00
0.00 0.00 1.00 0.00 12.00 0.00 24.00 1.00 36.00 0.00 48.00 0.00 60.00 0.00
Blue 10% PURCHASE OPTION $2,000 - $4,999 $5,000 - $9,999 $10,000 - $14,999 $15,000 - $25,000 $25,001- $50,000 $50,001 - $99,999 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000
Blue 10% SECURITY AND $1.00 BUY OUT LEASE $2,000 - $4,999 $5,000 - $9,999 $10,000 - $14,999 $15,000 - $25,000 $25,001- $50,000 $50,001 - $99,999 Blue $1.00 PURCHASE OPTION $2,000 - $4,999 $5,000 - $9,999 $10,000 - $14,999 $15,000 - $25,000 $25,001- $50,000 $50,001 - $99,999 Blue FMV PURCHASE OPTION $2,000 - $4,999 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.04760 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000
$5,000 - $9,999 $10,000 - $14,999 $15,000 - $25,000 $25,001- $50,000 $50,001 - $99,999
0.00000 0.00000 0.00000 0.00000 0.00000
0.00000 0.00000 0.00000 0.00000 0.00000
0.00000 0.00000 0.00000 0.00000 0.00000
0.00000 0.00000 0.00000 0.00000 0.00000
0.00000 0.00000 0.00000 0.00000 0.00000
0.00000 0.00000 0.00000 0.00000 0.00000 0.00000
0.00000 0.00000 0.00000 0.00000 0.00000 0.00000
0.00000 0.00000 0.00000 0.00000 0.04760 0.00000
0.00000
0.00000 0.00000 0.00000 0.00000 0.00000 0.04760
BLUE 10% PURCHASE OPTION
Term: $2,000 - $4,999 $5,000 - $9,999 $10,000 - $14,999 $15,000 - $25,000 $25,001- $50,000 $50,001 - $99,999 12 0.09050 0.08955 0.08880 0.08850 0.08835 0.08795 24 0.04760 0.04720 0.04705 0.04675 0.04660 0.04622 36 0.03440 0.03385 0.03355 0.03345 0.03310 0.03293 48 0.02870 0.02675 0.02665 0.02635 0.02625 0.02599 60 0.02349 0.02320 0.02295 0.02270 0.02250
BLUE 10% PREPAID PURCHASE OPTION
Term: $2,000 - $4,999 $5,000 - $9,999 $10,000 - $14,999 $15,000 - $25,000 $25,001- $50,000 $50,001 - $99,999 12 0.08510 0.08467 0.08208 0.08166 0.08144 0.08123 24 0.04713 0.04613 0.04581 0.04450 0.04428 0.04407 36 0.03345 0.03278 0.03253 0.03209 0.03164 0.03153 48 0.02680 0.02597 0.02535 0.02528 0.02505 0.02493 60 0.02230 0.02212 0.02189 0.02165 0.02141
BLUE $1.00 PURCHASE OPTION
Term: $2,000 - $4,999 $5,000 - $9,999 $10,000 - $14,999 $15,000 - $25,000 $25,001- $50,000 $50,001 - $99,999 12 0.09106 0.08984 0.08948 0.08919 0.08890 0.08870 24 0.04850 0.04820 0.04795 0.04773 0.04760 0.04730 36 0.03531 0.03438 0.03395 0.03373 0.03365 0.03350 48 0.02953 0.02798 0.02743 0.02699 0.02685 0.02670 60 0.02398 0.02373 0.02345 0.02310 0.02290
BLUE FMV PURCHASE OPTION
Term: $2,000 - $4,999 $5,000 - $9,999 $10,000 - $14,999 $15,000 - $25,000 $25,001- $50,000 $50,001 - $99,999 12 0.08750 0.08720 0.08690 0.08670 0.08650 0.08630 24 0.04670 0.04620 0.04595 0.04580 0.04563 0.04529 36 0.03356 0.03302 0.03273 0.03263 0.03238 0.03225 48 0.02842 0.02649 0.02639 0.02609 0.02599 0.02585 60 0.02326 0.02297 0.02272 0.02248 0.02228
Tax in Payment Calc Tax on Payment Calc Tax in Payment Tax on Payment M Payment Calc M Tax Calc M Payment M Tax A Payment Calc A Tax Calc A Payment A Tax Up Cost Calc Up Cost
0 0 1 0 $ $ $ $ $ $ $ $ 1,389.92 0 0 0 0 0 1 0 FALSE FALSE FALSE $ $ $ $ $ $ $ $
0 0 1 0 1,389.92 0 1 0 0 0 0 0 FALSE FALSE FALSE $ $ $ $ $ $ $ $
0 0 0 0 1,389.92 0 0 0 0 0 0 0 FALSE FALSE FALSE $ $ $ $ $ $ $ $
0 0 1 1 1,389.92 0 0 0 1 0 1 0 FALSE FALSE FALSE
Up Gross Double Calc Up Gross, Double? Master Check combined Purch Opt Check State Check
State Taxation Summaries
These tables and the resulting calculations are provided to assist in calculating an estimate of the sales/use tax payment, and they may be changed without notice. Fair Market Value Leases (Purchase Options > $100.00) "Up Gross" meaning that sales/use tax is paid up front on the entire receivable. (none) "Up Cost" meaning that sales/use tax is paid up front on the equipment cost. IL ME NJ "Double Stream" meaning that sales use/tax is paid both up front on the receivable and on the resulting lease payment. HI LA
No sales/use tax. NH MT OR
IA KS LA ME MA MI NE NV OH TX VT VA WA WV WI
Up Gross
Up Cost
No Tax
Double Stream
0 0 1 0 $ $ $ $ $ $ $ $ 1,389.92 0 0 0 0 0 1 0 FALSE TRUE FALSE $ $ $ $ $ $ $ $
1 0 1 0 1,389.92 1,389.92 1 1 0 0 0 0 1 TRUE TRUE TRUE $ $ $ $ $ $ $ $
0 0 0 0 1,389.92 0 0 0 0 0 0 0 FALSE TRUE FALSE $ $ $ $ $ $ $ $
0 0 1 1 1,389.92 0 0 0 1 0 1 0 FALSE TRUE FALSE
0 0 0 1
1 0
$ $ $ $ $ $ $ ####### $ $ ####### $ 0 1 0 0 0 0 0 0 0 0
Nominal Purchase Options (Purchase Options <= $100.00) "Up Gross" meaning that sales/use tax is paid up front on the entire receivable. AL CT DC FL "Up Cost" meaning that sales/use tax is paid up front on the equipment cost. CA ID MN NM "Double Stream" meaning that sales use/tax is paid both up front on the receivable and on the resulting lease payment. HI
No sales/use tax. DE MT NH OR
Stream
IN IA KS LA ME MA MI NE NV OH TX VT VA WA WV WI
NY RI
Up Gross
Up Cost
No Tax
Double Stream