Clear Vehicle Data has launched a new whole-life cost comparison solution to bring indepth data for medium-sized and larger fleets.

Clear Vehicle Data (CVD) has launched a new Whole Life Cost comparison product

Using independent data compiled by International Decision Systems (IDS), the tool – dubbed Whole Life Cost Pro – joins the firm’s existing Whole Life Cost Lite and Business versions, which also include Company Car Benefit in Kind and Employer’s National Insurance calculators.

The new solution is aimed at larger fleets and is designed to assist fleets with vehicle selection, fleet policy list decisions and purchase negotiations. It can also be used for benchmarking contract hire quotes and as a dynamic tool for anyone involved in negotiating vehicle sales or supply.

Bespoke features on the new tool include a full vehicle configurator inclusive of options pricing and an ability to filter down vehicles to a selected policy list based on predetermined criteria.

All the tools are supported by independent data compiled by IDS. Although the core new vehicle data is sourced from vehicle manufacturers, forecasts within the tool are prepared by independent automotive industry experts.

“Our new top-level product, called Pro, now offers medium-sized and larger fleets the ability to formulate policy lists and to negotiate vehicle supply in detail with manufacturers and dealers” said Ian Hare, CEO of CVD. “This is powerful cloud-based software, which joins our web-based products which are suitable for smaller fleet operators.”

“This is also data that will assist anyone involved in the vehicle supply chain from manufacturers to dealers and leasing companies as well” he said. “Whether purchasing or selling vehicles, it allows the user of the tool and data to negotiate from a position of strength.”