Companies should base their fleet car choice lists on wholelife costs, which not only take account of a model's list price, running costs over a specific period of time - the benchmark is three years/60,000 miles - but crucially residual values.
Depreciation invariably accounts for significantly the largest cash sum in any wholelife cost equation and, therefore, the strength of Lexus residual values is reflected in the overall pence per mile operating cost.
Careful management of the remarketing of ex-company cars through the Lexus network with demand typically outweighing supply ensures resale prices remain buoyant.
