Fleet News and KeeResources have launched a new online tool to calculate fuel and journey costs for vehicles, including electric and hybrid models.

The Journey Cost Calculator, available at www.fleetnews.co.uk/journeycostcalculator, lets the user compare up to four vehicles, and enter a variety of journeys that will reflect the usage pattern of the driver.

The tool then allows you to directly compare the predicted cost of fuel across the vehicles selected.

Electric and hybrid cost per mile data is generated using KeeResources own calculations, which take into account the length of individual journeys, usable battery capacity, MPG when the battery is depleted, and the cost of electricity.

The calculator is based on the latest version of the KWIKcarcost software. KWIKcarcost provides whole life cost data for every vehicle, model and trim level available on the market, and allows in-depth comparisons and cost calculations based on the individual requirements of a fleet.

To try the new tool, visit www.fleetnews.co.uk/journeycostcalculator.