Methodology
The calculations take into account a number of factors, such as the depreciation suffered by vehicles over their life cycle, that is, the difference between the purchase price of the vehicle and the value expected in its resale. The type of vehicle will be another factor to be considered.
Also included are the estimated maintenance costs of using the vehicle, the expenses associated with the revisions scheduled by the brand, the costs resulting from the wear and tear of the vehicle and the amounts spent on replacing tires. Expenses incurred with fuel, considering the prices in force, are also covered.
All tax obligations that imply payments or refunds will be considered by TCO Analysis. We include in the calculation the amounts of IUC (Single Circulation Tax) to be paid annually, and also the amounts to be paid within the scope of variable autonomous taxation, due to the fact that there are vehicles at the service of the company.
Also included are the amounts spent on VAT associated with the purchase of the vehicle and the costs of using it. We also consider the possibility of deducting VAT on fuel, in whole or in part. If there are vehicles at the service of the company, there is a reduction in the tax base in the IRC, which will be included in the calculations.
In addition to factors associated with taxation, macroeconomic factors are also taken into account, such as the evolution of GDP or the inflation rate, among others.