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Calcimator

Telematics ROI Calculator

Calculate return on investment for GPS tracking and telematics systems.

Inputs

$
$
$
%
$
%
$
%
%
$

Results

Total Annual Savings

$86,550.00

≈ 8 years of state college

First Year ROI

565.8%

Ongoing Annual ROI724.3%
Payback Period0.4 months
First Year Cost$13,000.00
First Year Net Savings$73,550.00
Ongoing Net Savings$76,050.00
Fuel Savings$18,000.00
Insurance Savings$3,750.00
Maintenance Savings$4,800.00
Productivity Gain$60,000.00
Monthly Fleet Cost$875.00
How to Use This Calculator
  1. Enter Fleet Size and the Monthly Cost per Vehicle for the telematics subscription.
  2. Set the Installation Cost per Vehicle for hardware.
  3. Input Annual Fleet Fuel Cost and Expected Fuel Savings (%) from reduced idling and better routing.
  4. Enter Annual Fleet Insurance and expected Insurance Savings (%), plus Annual Maintenance Cost and Maintenance Savings (%).
  5. Set Productivity Gain (%) and Annual Revenue per Vehicle to capture utilization improvements.
  6. Review Total Annual Benefits, Total Annual Cost, Net ROI, and Payback Period.

How the result changes with Fleet Size

Fleet SizeTotal Annual SavingsFirst Year ROI
51$148,950.00461.7%
176$448,950.00390.5%
325$806,550.00377.2%
450$1,106,550.00372.9%

What each input means

Fleet Size
Number of vehicles to equip with telematics.
Monthly Cost per Vehicle
Monthly telematics subscription cost per vehicle.
Installation per Vehicle
One-time hardware installation cost per vehicle.
Annual Fleet Fuel Cost
Current annual fuel expense for the fleet.
Expected Fuel Savings
Expected fuel reduction from reduced idling and better routing.
Annual Fleet Insurance
Current annual insurance cost for the fleet.
Insurance Savings
Expected insurance discount from telematics data.
Annual Maintenance Cost
Current annual fleet maintenance expense.
Maintenance Savings
Expected maintenance reduction from better monitoring.
Productivity Gain
Expected revenue increase from improved fleet utilization.
Annual Revenue per Vehicle
Average annual revenue generated per vehicle.

How this is calculated

Worked example, using the default values

  1. Identify Input Parameters
    4 parameters
    Fleet Size = 25, Monthly Cost per Vehicle = 35, Installation per Vehicle = 100, Annual Fleet Fuel Cost = 180000 = 11 input(s) provided
  2. Calculate Total Annual Savings
    Total Annual Savings
    86550 = $86,550
  3. Calculate First Year ROI
    First Year ROI
    565.8 = 565.8
  4. Calculate Ongoing Annual ROI
    Ongoing Annual ROI
    724.3 = 724.3
  5. Calculate Payback Period
    Payback Period
    0.4 = 0.4

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