CarChip Cost Savings Calculator
CarChip Fleet Pro with GPS can significantly reduce the cost of operating a single car or a fleet of vehicles. These savings come in the form of fuel savings, productivity improvements, fewer accidents and cheaper maintenance. There are also intangible benefits such as improved customer satisfaction resulting from better on-time arrival and reduced green-house gas emissions, which makes your fleet more environmentally friendly.
Fill in the blank boxes with your company's information to see how much you could be saving each year.
Use whole numbers or decimals only, no symbols or letters.
Improved Fuel Economy
Less Money Spent on Fuel
Monitored fleets see an average of 13.2% reduction in fuel used. This is the result of a combination of slower speeds, less idling, reduced personal use, better routing, fewer side jobs, and less stolen fuel. (Aberdeen Group, March 2008)
There is a 1.4% increase in the amount of fuel required for each mile per hour over 50. If you drive 70 mph instead of 50, there is a 23% increase in fuel used. (US Dept of Energy)
An idling vehicle uses about 0.85 gallons of fuel per hour. If the stop is longer than 1 minute it is often better to stop the vehicle than idle (unless in traffic or at a stop light).
Increased Productivity
More Work Orders Completed
According to the Aberdeen Group (March, 2008) monitored fleets reported an 8% to 25% increase in completed work orders per day.
Note: You can enter either:
The number of weekly orders completed AND expected increase in work orders completed AND average revenue per work order;
- OR -
Enter employee efficiency improvement AND the number of drivers in vehicles AND driver hourly cost.
Fewer Accidents
Lower Insurance Rates
Accidents cost an average of $26,000 each. More if injuries are involved. Fewer accidents reduce workers comp and allow for better vehicle utilization. In addition, many insurance companies offer lower rates for monitored vehicles (including theft detection and stolen vehicle recovery).
Note: You can enter either:
The number of accidents in the past year AND average cost per accident;
- OR -
The actual cost of all accidents;
- OR -
The annual cost of vehicle insurance.
Grand Total Annual Savings
Use CarChip with GPS and Save!
CarChip with GPS can save your company money when vehicles and drivers are monitored, and money wasting activities are stopped or reduced.
Product Information:
CarChip Fleet Pro #8246
Plug the small data logger into the OBDII port and begin recording trip details immediately.
You'll also want:
Fleet Management Software #8186
GPS Module #8128
GPS/Wireless Interface Module #8251
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