DWS Automotive – London and the M25
Faced with daily traffic delays, DWS Automotive’s claim assessors were looking for shorter journey times and greater mobility. Compared to the small cars they were using, their fleet of CB500Fs increased productivity nearly twofold with the ability to negotiate congested roads. Purchasing the bikes outright because the OTR price was the same as the car deposit, they have no leasing fees, pay nothing in Congestion Charge, toll fees or parking and use half the fuel. They estimate to be making a 50% cost saving overall.
Using Honda motorcycles as part of a company fleet can deliver considerable financial and business benefits.
£17 VED - Vehicle Excise Duty can be as low as £17 p.a. representing an 85% saving over a typical hatchback cost of £110 p.a. †
Free parking - Most parking is free for motorcyclists. Savings of £1,200 per vehicle can be achieved when based on an annual city centre car park season ticket.
LCC exemption - Motorcycles are exempt from the London Congestion Charge and Dartford Crossing toll, making annual savings of up to £2,990 and £520 respectively.
160.2 mpg - Impressive fuel economy is thanks to efficient 4-stroke engines using finely tuned injection technology. The CBF125, for example, delivers an incredible 160.2 mpg.
44.6g/km - Motorcycles are an effective way of meeting company CO2 fleet targets. The average fleet car produces 138-145g/km, whereas the Vision 110 only emits 44.6g/km.
8 out of top 10 - It’s essential that fleet vehicles are on the road all of the time. In a reliability survey conducted by bike paper MCN, Honda came out on top as the most reliable with 8 out of the top ten bikes.
20% BIK - Motorcycles are taxed on 20% of their On The Road value (minus first registration fee), rather than on CO2 output, meaning significantly lower Benefit in Kind implications.
ROI value - The exodus of used motorcycles to Europe, due to exchange rates, is driving residual values up, so when it comes to renewing your Honda, you’re likely to get a favourable return price and benefit from low life-costs.