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Whole Life Cost

Showing you the full cost of your lease vehicles

Whole Life Cost (WLC) is a financial model to help show the true cost of running a vehicle, incorporating all costs rather than just monthly rentals. There are many elements to running a vehicle and by taking them all into consideration you are able to make better and more cost efficient choices for your fleet.

Whole life cost includes:

  • Monthly rental - reflecting changes in Road Fund Licence and CO2 based Capital Allowances
  • Disallowable VAT - allowing your business to take advantage of your true VAT position
  • Fuel costs - in addition to options for fuel and diesel costs, we can customise fuel costs based on your pence per mile rate, as well as separating business and private mileage
  • Employers National Insurance Contribution
  • Vehicle insurance - costs can be included
  • Lease rental restriction - CO2 based allowances can be factored into WLC based on the Corporation Tax rate of your business
  • Fleet Administration fee - to help recognise the administration of your fleet within monthly rentals

For further information on our maintenance packages please call 0121 45 45 645 or make an enquiry with our contact form.


National Fleet Services Limited is authorised and regulated by the Finance Conduct Authority.

National Fleet Services Limited can introduce you to a number of finance providers, we receive a remuneration if you enter into an agreement with them.

National Fleet Services Limited is a credit broker and not a lender.

BVRLA Registration Number: 1463 | Financial Conduct Authority Licence Number: 680691

Company Registration Number: 03247145 | ICO Registration Number: Z5088418 | VAT Registration Number: 695548379

Registered Office: 5 The Croft, Buntsford Drive, Bromsgrove, B60 4JE

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