Take Advantage of Timely Tax Benefits and Improve Efficiency With TomTom Fleet Management Solutions

Concord, MA, November 21, 2011
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

*Source: Bosten Med Flight
**Source: Joey Ross Towing
***Source: Veterans Security

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