Introduction
When ordering a car in Headlight, you may have noticed that lease prices are advertised even before suppliers have provided an offer for a car. Users often encounter lease price estimates while browsing, leading to questions about their origin and reliability. This article demystifies how Headlight calculates these estimates and their relevance in making informed vehicle choices.
Origin of lease prices
- Price List from Leasing Supplier: The foundation of Headlight’s price estimates is a comprehensive price list from the leasing supplier. This list includes lease prices for a wide range of vehicles but excludes optional features. For corporate fleets, the list incorporates fleet-specific discounts.
- Total Cost of Ownership (TCO) Formula: Companies often have a specific car policy that outlines a formula for calculating a vehicle’s “budget price.” A prevalent method is the Total Cost of Ownership (TCO) formula. This formula combines several costs, including the lease price, undeductible Value Added Tax (VAT), energy expenses, and taxes.
Application of Estimates in Headlight
- Vehicle Pricing Overview: In the Vehicle Pricing section of Headlight, lease prices provided by the leasing company are integrated with technical details of the vehicles. The platform then applies the budget price formula from your company’s car policy to these details. The outcome is displayed as an estimated budget price in graphical form.
- Car Configurator Estimates: When customizing a vehicle in the car configurator, Headlight offers an estimation of the final lease price. This estimation uses the same leasing company price list. If you choose additional options, the system calculates the incremental lease cost using a formula from the leasing company. Similar to the Vehicle Pricing overview, the final budget price shown adheres to your company’s policy.
Reliability of Estimates
The lease price estimates provided by Headlight are based on systematic calculations using reliable data sources. However, users should note that these are estimates and may not always capture real-time market changes or unique contractual agreements. They serve as a guide to help users understand potential costs within their budget constraints.
