With generous tax incentives, the end of the year is a great time to
invest in fleet management solutions from TomTom, the world’s leading
provider of location and navigation solutions. Enhancements to Section
179 of the Tax Code allows businesses to deduct the full amount of
technology purchases for the 2011 tax year.
For businesses that want to improve efficiency, strategically purchasing
GPS units and back office fleet management software can significantly
reduce cost of ownership, in addition to improving performance and
operation.
Designed specifically to help companies invest in technology and their
business, Section 179 of the US IRS tax code allows businesses to deduct
the full purchase price of qualifying equipment purchased or financed
during the tax year. When combining these tax savings with typical
performance improvements, the business case for purchasing fleet
management solutions becomes even more profound.
According to our customers, the TomTom Fleet Management Solutions
deliver performance improvements and time-savings such as:
-
30 percent reduction in time on the road*
-
Fuel cost reduction by 15 percent**
-
25 percent decrease in insurance rates***
All of these also result in significant savings on distance, idle time
and fuel costs.
"Improving performance is a must in today’s business environment, but
investment in the business sometimes be difficult to justify when
budgets are tight,” said Michael Geffroy, vice president, TomTom
Business Solutions. "With the enhancements to Section 179, combined with
15 to 30 percent cost savings across the fleet, the time is right to
invest and save with a fleet management solution.”
About TomTom
Founded in 1991, TomTom (AEX:TOM2) is the world’s leading supplier of
in-car location and navigation products and services focused on
providing all drivers with the world’s best navigation experience.
Headquartered in Amsterdam, TomTom has over 3,500 employees and sells
its products in over 40 countries.
Our products include portable navigation devices, in-dash infotainment
systems, fleet management solutions, maps and real-time services,
including the award winning TomTomHD Traffic.
For the world’s most up-to-date route planner, including live traffic
information please visit www.tomtom.com/livetraffic
For further information, please visit www.tomtom.com
TomTom Business Solutions is a leading provider of fleet management
solutions and recognised as the fastest growing Telematics Service
Provider (TSP) for commercial fleets in Europe. TomTom Business
Solutions is fully dedicated to commercial vehicle fleets and has been
operating under the TomTom WORK brand for the past 5 years. TomTom
Business Solutions’ WORKsmart fleet management solutions integrate
navigation, dispatch and tracking through a combination of
industry-leading hardware, software and maps.
*Source: Boston Med Flight
**Source: Joey Ross Towing
***Source: Veterans Security
