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Send digital agreements directly to your customers.
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Manage your fleet capacity in realtime.
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Loaner Cost Recovery Calculator
Answer the following questions to discover your cost recovery potential!
1
How many loaner vehicles do you operate?
loaner cars
2
How many times per week do your loaners change hands?
0
5
10
2
times per week
3
What is the utilization % of your fleet?
10
40
70
100
70
%
4
What is the lease cost (depreciation expense) of a single loaner vehicle?
$ per month
5
What is your daily cost when a vehicle is not returned on the expected return date or your internal cost when warranty doesn't pay?
$ per day
6
How many days per month do vehicles return past the target return date?
0
8
16
24
31
5
day(s) per month
7
What is the average amount of fuel costs absorbed regarding loaner cars each month?
$ in fuel expense each month
8
How long does it currently take to open or close an agreement with your process?
1
4
8
12
15
8
minutes
9
Average hourly salary of an advisor?
$ per hour
10
How many hours per week do you estimate it takes you to gather the mileage of each loaner car and reporting that back to the sales team?
hours per week
11
Number of damages per week you estimate vehicles return with that are uncharged to client and must be absorbed by dealer?
damages per week
12
Average cost of a repair to your dealer for a ding, deep scratch, wheel damage, tire puncture, windshield chip?
$ per incident
Results per expense category
Annual Cost Recovery
Monthly Cost Recovery
Uncollected fuel cost
0.00
0.00
Late return cost
0.00
0.00
Uncollected damages cost
0.00
0.00
Time savings managing loaner contracts
0.00
0.00
Time spent sending sales team the VIN vs mileage report
0.00
0.00
Additional Revenue Opportunity (Protection and other product sales)
0.00
0.00
Basic Cost Recovery Potential
$
0.00
annually
$
0.00
monthly
Optimized Cost Recovery Potential
$
0.00
annually
$
0.00
monthly
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