A Comparison of 3 Cars for Company Use Essay

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Abstract

This reports conducts a comparison and contrast of three automobiles within a particular class. The purpose of this report is to make a recommendation to the organization regarding the kind of car they ought to be purchasing for its company cars. Each year, organizations have intricate variety of choices to assess and examine with regard to selecting company vehicles. One of the key criteria for choosing company cars is cost. A second criteria of selecting vehicle class is environmental impact. In this particular report, the selected vehicle class for the fleet of company cars for the organization is the hybrid class. One of the justifications of selecting a hybrid class of cars is that it is environmentally friendly. Another benefit of hybrid cars encompasses the financial advantages that come along with them. Hybrid vehicles are backed by numerous credits and inducements that aid in making them cost-effective. Hybrid vehicles offer consumers with low carbon dioxide emissions, which amalgamated with a low P11D value, can offer a significantly reduced company car tax in comparison with rivaling vehicles that use petrol or diesel. The three recommended hybrid automobiles to be used as company cars include the Ford Mondeo Titanium 2.0 TiVCT Hybrid, the Lexus IS 300 h S and the Toyota Auris Hybrid Active.

Executive Summary

This report is aimed at making a recommendation to the purchasing managers of the company as well as the individuals with respect to the fleet of company cars they ought to make use of. The criteria selected for this particular analysis is cost and being environmentally friendly. The company is obligated in making certain that it is not only responsible to the employees but also to the environment as a whole. The first recommended automobile is the Ford Mondeo Titanium 2.0 TiVCT Hybrid. The car has an Atkinson-cycle 2.0-litre gasoline component clipped to a 1.4kW battery pack attached in the boot, serving one electric motor to supply energy to the anterior wheels whereas a second motor functions in rejuvenation style to propel energy once again into the compartments. From an environmentally friendly perspective, the vehicle has a carbon dioxide emission of 92g/km, which implies that it is tax exempt. In addition, it has an NGC rating of 34, which makes it one of the greenest and environmentally friendly cars in the market. It is also cost-effective as it has an OTR price of £27,000, an approximated Real MPG of 71m/gallon giving rise to a revealing fuel cost of 7.5 price per mile. The second recommended automobile is the Lexus IS 300 h S. The vehicle is made up of a 2.5 liter petrol model together with a petrol-electric hybrid. Notably, it can go up to 40mph without making use of any fuel at all. The Lexus IS 300h S has a low BIK tax band of 16 percent and this means that it has a low tax payable. The car is also environmentally friendly with carbon dioxide emissions of 97g/km, which implies that it is tax exempt as it is below the 100g/km mark. It is also noise friendly as the hybrid model can operate almost soundlessly on electric solely power in stop-start stream of traffic. The third recommended automobile is the Toyota Auris Hybrid Active. One of the advantages is that the car is significantly environmentally friendly with substantially low carbon emission rates of 79g/km. In addition, the car has a P11D value of £19,990, a price that is considerably low compared to other vehicles in contention. Moreover, the car is practical as it can run in different roads comfortably and therefore will benefit the personnel to accomplish their tasks efficaciously.

Introduction

This reports conducts a comparison and contrast of three automobiles within a particular class. The purpose of this report is to make a recommendation to the organization regarding the kind of car they ought to be purchasing for its company cars. The key audience for this report is the purchasing managers of the company as well as the individuals that will make use of the fleet of company cars. Satisfaction of this audience is essential as lack thereof could be detrimental.

Criteria for Selection

Each year, organizations have intricate variety of choices to assess and examine with regard to selecting company vehicles. It is imperative for any organization to have a criteria for carefully selecting a company vehicle. Numerous car makes and models, dissimilar options for equipment, amalgamations of engines and drivetrains, as well as the budgets set by the organization make it considerably challenging in selecting company cars. Conducting a proper review of car fleets as well as strategically analyzing their benefits and shortcomings may give rise to decreased costs for the organization with respect to maintenance and fuel amounts, in addition to having decreased costs for the total fleet (Ewald Fleet Solutions, 2017).

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One of the key criteria for choosing company cars is cost. One of the aspects linked to costs is the fuel efficiency of the car, which is in direct correlation with the ongoing running costs. In particular, this is a variable that can have an enduring influence on the general outlays and bottom lime profits of the organization and for the individual. A second aspect is road tax. This is an expense that can increase rather fast when operating numerous company cars. In the contemporary market, there are a number of cars that are exempted from tax. This is reliant on the levels of carbon dioxide that is discharged from the car’s engine. In particular, with respect to diesel and petrol vehicles, there is an allowance of up to 100 grams for every kilometer of carbon dioxide emissions prior to having a vehicle tax charge (McAllister, 2013).

A second criteria of selecting vehicle class is environmental impact. As an organization we are striving to be socially responsible in the sense that we have to not only be a liable employer and undertake the right thing for personnel, the community, as well as the environment. Being a responsible employer ought to encompass liability to the fleet and the realization that operation of such vehicles for the company directly influences safety on the road, environmental performance and employee welfare. As an organization, we are dedicated to decreasing the fleet’s impact on the environment. This could take into account carbon dioxide reduction targets, carbon dioxide emissions limits and diminishing the amount of business travel. In addition, we are more disposed to decrease emissions owing to the reason that the financial benefits are more palpable and more instantaneous owing to the association between taxation and carbon dioxide emissions (Tooze, 2013).

Hybrid Class of Vehicles

Vehicles have different classes ranging from compact class, hybrid class to sport utility vehicle (SUV) class. In this particular report, the selected vehicle class for the fleet of company cars for the organization is the hybrid class. A vehicle is termed as being a hybrid if it makes use of more than one kind of onboard energy to accomplish momentum and forward motion. Practically, that implies a hybrid will have a customary internal-combustion engine and a fuel tank, in addition to one or more electric motors as well as a battery pack. More often than not, hybrid vehicles are machines that burn gasoline but at the same time make use of their electric parts to gather and recycle energy that is generally wasted in standard vehicles (Edmunds, 2013). Hybrid class of vehicles has been selected for the reason that it fits the criteria set. In accordance to Edmunds (2013), whereas consumers benefit and profit from a fuel economy that is improved, hybrid class of vehicles makes it possible to meet the Corporate Average Fuel Economy (CAFE) requirements and recommended restrictions on carbon dioxide (CO2) emissions. In particular, Hybrids have been in the American market from the start of the 21st Century and there is a progressively growing hybrid market that is enticing and appealing to consumers in pursuit of purchasers on the lookout for fuel-efficient cars devoid of a higher price tag.

Arguments for Hybrid Vehicles

One of the justifications of selecting a hybrid class of cars is that it is environmentally friendly. Basically, hybrid cars run in a cleaner manner and have better mileage with respect to gas, which makes them to be environmentally friendly. These vehicles operate on a twin power-driven engine, that is electric motor and gasoline, which limits the depletion of fuel and at the same time preserves energy. Another benefit of hybrid cars encompasses the financial advantages that come along with them. Hybrid vehicles are backed by numerous credits and inducements that aid in making them cost-effective (Makhtar, 2016). Lesser yearly tax charges and being exempted from congestion burdens emanates in the form of decreased amount of cash used on the fuel. There is also the advantage that hybrid vehicles have a greater resale value. In the event that the organization will opt to sell its vehicles, it will….....

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