Tradingford.com

Fuel prices continue to rise, which makes it difficult for most individuals and fleet drivers. There is no doubt that the fleet industry suffers the most when fuel costs increase. Obviously, it is because they are on the road more often than other drivers going from place to place making deliveries, pick-ups, or service calls. For any company that wishes to save money on their fuel, there is a solution.

The solution is fairly simple when you consider how easy it is to find. A fuel card is your answer to save a little money every time your drivers fill up. It may not save you more than 2 or 3 pence per litre, but over time that amount adds up. Given there are 100 pence per pound, you can easily do the math in how much can be saved per fill up per driver. From there you can see how much a driver saves each month based on how many times they fill up per week.

From the monthly savings you can determine what you would save per year on just one driver. When you add up 20 to 100 drivers you may have in your fleet the savings can be thousands of pounds per year. It is one of the reasons that many companies have begun to look for fuel cards in recent years.

The information provided about the 2 to 3 pence is also a specific amount to one type of fuel card. It is for diesel prices on a fixed price card. Fixed price cards for fuel are rarer and they offer only a little discount because the amount of the fuel never changes no matter what the market does. If one week the fuel prices are up you still pay the same. If the fuel price goes down you still pay the same price.

The other option is a non fixed price, where you just get the discount off the original pump amount. In this way you may see up to 10 pence per litre off given that your price fluctuates with the market. It provides you with a slightly bigger savings in that respect, but it is always best to compare the two types of cards to see which one will offer the most savings. After all, you want your company and drivers to be able to save on the high priced fuel as the economy bounces around.