The firm claims the tool is the most advanced and accurate available to business car users, with an updated Whole Life Cost Calculator also released for fleet decision-makers.

The updated online tool provides users with Benefit-in-Kind taxation and running costs for all mainstream passenger car models, including the full Vauxhall range, in three steps.

The first step of the calculator, which can be used by drivers to work out BiK costs, requires users to input basic income and employment information, as well as details of the company car policy, such as whether private fuel is covered by the employer.

The optional “advanced” setting allows users to obtain even more accurate results by selecting the delivery date of their car – to ensure tax allocation is correct for each financial year – as well as options such as trips to London to work out Congestion Charge costs. It also includes the facility to estimate future fuel costs.

Users can also select vehicle models for comparison, as well as to filter their chosen models by CO2 emissions, BiK tax band, fuel consumption and by monthly BiK budget and keywords, such as a specific trim level.

The Whole Life Cost Calculator for fleet decision-makers follows this same process, with user information and results differing to show the relevant costs to a business. Users can add vehicles to a virtual fleet and are able to remove certain costs if they are not necessary, such as servicing, if done “in-house”, or insurance, if covered by a group policy.

Vauxhall claims it is also the only tool available that offers a Writing Down Allowance (WDA) calculator for fleet decision-makers.

The Vauxhall Benefit-in-Kind and running costs calculator can be found at:

www.vauxhallfleet.co.uk/bik and the Whole Life Cost Calculator at:  www.vauxhallfleet.co.uk/wlcc