Car Cost Expert
Data to help optimise vehicle cost and maximise profits
Car Cost Expert is the leading solution for OEMs needing to compare total cost of ownership (TCO) across a group of models. Advanced simulation functions allow users to compare options to reduce TCO and prioritise those offering the greatest commercial impact.
Take control
Car Cost Expert features detailed costs for 60 different TCO attributes, including acquisition, insurance and maintenance costs, helping to inform better sales and product decisions at every stage of the vehicle's lifecycle.
Understand outcomes
Car Cost Expert offers unrivalled ability to simulate the effect of product changes, allowing users to model the impact of a range of strategies from enhanced specification and trimlines to service packages and sales discounts.
Make informed decisions
Car Cost Expert quantifies the impact of product changes and gives users the tools they need to prioritise developments. This results in more competitive car design, more effective sales strategies and better remarketing price.
Learn more
Car Cost Expert provides a detailed assessment of all the costs needed to get to grips with and improve TCO. Thoroughly interrogate the data and benchmark models:
- against 300 mileage/age combinations;
- across generations;
- on an equipment equalised basis; and
- across multiple countries.
Car Cost Expert supplies the independent and granular analysis OEMs need to:
- make detailed comparisons between models, identify the options that have the greatest impact on TCO and revise specification strategies accordingly;
- prioritise changes to model design and commercial strategy based on expected TCO uplift;
- enhance their sales story, demonstrating lower lifetime costs even where initial acquisition costs are higher;
- calculate model-specific discounts needed to ensure that a model has the best TCO of its competitor set in each market and boost sales;
- calculate optimum lease terms; and
- identify areas for improvements in pricing, specification, parts and options packages, leading to continual improvements for future model generations.