Fleetmatics, now part of Verizon Connect, has been a leading provider of fleet management solutions, offering advanced vehicle tracking products that help businesses improve efficiency, reduce costs, and ensure compliance. This article provides a comprehensive review of Fleetmatics pricing and product offerings, aimed at helping UK businesses make informed decisions when considering vehicle tracking systems.
Overview of Fleetmatics products
Fleetmatics, under Verizon Connect, offers a range of vehicle tracking and fleet management products designed to cater to different business needs. These solutions include:
- Fleetmatics Reveal: A robust fleet management solution that provides real-time GPS tracking, detailed reporting, and insights into driver behaviour. It’s designed to improve fleet productivity, reduce fuel consumption, and enhance safety.
- Fleetmatics LogBook: This electronic logging device (ELD) solution helps businesses ensure compliance with regulations on drivers’ hours. It automates hours of service (HOS) recording, reducing paperwork and minimising the risk of violations.
- Fleetmatics Work: A field service management tool that integrates with Fleetmatics Reveal, enabling businesses to manage jobs, schedules, and customer relationships more effectively. It’s particularly useful for service-based industries.
- Fleetmatics Alerts: This feature sends real-time alerts on vehicle diagnostics, maintenance needs, and unauthorised vehicle use, helping businesses keep their fleets in optimal condition.
Fleetmatics indicative pricing list
| Fleet Size | Estimated Cost Per Vehicle/Month | Typical Features Included |
|---|---|---|
| Small Fleets (1-10 vehicles) | £20 – £30 | Basic GPS tracking, real-time location updates, standard reporting |
| Medium Fleets (11-50 vehicles) | £15 – £25 | GPS tracking, driver behaviour monitoring, detailed reporting, maintenance alerts |
| Large Fleets (51+ vehicles) | £10 – £20 | Advanced tracking, custom reporting, integration with business systems, driver safety analytics |
Notes:
- Setup Fees: An initial setup fee may apply, depending on the complexity and customisation required.
- Contract Length: Longer contracts may reduce monthly costs; shorter, more flexible terms may increase the per-vehicle cost.
- Additional Costs: Add-ons such as advanced analytics, additional sensors, or integration with third-party systems can increase the overall monthly cost.
This pricing table provides a general overview and should be used as a starting point. For an accurate quote tailored to your specific business needs, it is recommended to contact Fleetmatics directly.
Pricing structure
Fleetmatics’ pricing is not publicly listed in detail, as it is typically customised based on the specific needs of a business, the size of the fleet, and the level of service required. However, some general insights into their pricing structure can be provided.
- Fleet size and customisation: The cost of Fleetmatics products is directly related to the size of the fleet being managed. Larger fleets tend to benefit from volume discounts, while smaller businesses may have a different pricing tier. Additionally, the level of customisation—such as the number of features or add-ons required—will also impact pricing.
- Subscription model: Fleetmatics operates on a subscription-based pricing model, where businesses pay a monthly fee per vehicle. This fee generally includes access to the software, ongoing updates, and customer support. The subscription model allows businesses to avoid significant upfront costs, although some initial setup fees may apply.
- Contract length: The length of the contract can also influence the price. Longer-term contracts often come with discounted rates, while shorter, more flexible contracts may carry higher monthly costs.
- Add-ons and upgrades: Optional add-ons, such as advanced reporting features, driver behaviour analytics, and integration with other business systems, can increase the overall cost. Businesses should carefully evaluate which features are essential to their operations to avoid unnecessary expenses.
Estimated pricing examples
While exact pricing is tailored to each business, some estimates based on industry averages and customer reports suggest the following:
- Small fleets (1-10 vehicles): Expect to pay approximately £20-£30 per vehicle per month. This rate generally covers basic tracking and reporting functionalities.
- Medium fleets (11-50 vehicles): Pricing typically ranges from £15-£25 per vehicle per month, depending on the specific features required.
- Large fleets (51+ vehicles): Larger fleets often benefit from customised pricing, which can be as low as £10-£20 per vehicle per month, particularly when opting for long-term contracts and comprehensive service packages.
Factors influencing the cost-effectiveness of Fleetmatics
- Improved fuel efficiency: One of the most significant savings comes from optimising routes and reducing idle times, which can substantially lower fuel costs.
- Enhanced productivity: Real-time tracking allows for better dispatching, reducing downtime and increasing the number of jobs completed per day.
- Reduced maintenance costs: Proactive maintenance alerts help prevent costly repairs and extend the lifespan of vehicles.
- Compliance and safety: Ensuring compliance with regulations such as HOS not only avoids fines but also contributes to safer driving practices, potentially lowering insurance premiums.
Conclusion – Fleetmatics pricing review
Fleetmatics by Verizon Connect offers a comprehensive suite of vehicle tracking and fleet management solutions that cater to businesses of various sizes. While the exact pricing varies based on numerous factors, the subscription model offers flexibility and scalability.
For UK businesses looking to enhance fleet efficiency, reduce costs, and improve compliance, Fleetmatics presents a valuable investment. However, it’s crucial to carefully assess your business needs and request tailored quotes to ensure that you’re getting the best value for your investment.
For more, see the Fleetmatics website or our list of the best UK vehicle tracking providers.
Fleetmatics pricing FAQ
Fleetmatics pricing is determined based on several factors, including the size of the fleet, which can range from 1 to over 50 vehicles, and the specific features required. For example, small fleets (1-10 vehicles) might pay between £20 and £30 per vehicle per month, while larger fleets (51+ vehicles) could see prices as low as £10 to £20 per vehicle per month.
Yes, Fleetmatics may charge an initial setup fee, which varies depending on the level of customisation and the size of the fleet. Setup fees can range from approximately £100 to £500, depending on the complexity of the installation and any additional hardware requirements.
Yes, Fleetmatics pricing typically includes discounts for longer-term contracts. For instance, businesses opting for a 3-year contract might receive a discount that reduces the monthly per-vehicle cost by up to 20%. So, a rate of £25 per vehicle per month on a short-term contract could drop to around £20 per vehicle per month with a long-term commitment.
Fleetmatics offers various add-on features that can affect pricing. For example, advanced driver behaviour analytics might add £5 to £10 per vehicle per month, while integration with existing business systems could incur additional fees of £50 to £200, depending on the complexity of the integration.
Fleetmatics pricing scales with the size of your fleet. A small fleet of 1-10 vehicles might pay between £20 and £30 per vehicle per month, a medium fleet of 11-50 vehicles might pay £15 to £25 per vehicle, and a large fleet of 51+ vehicles could see prices drop to £10 to £20 per vehicle per month.
Fleetmatics does not have a strict minimum fleet size requirement, but pricing generally becomes more cost-effective with larger fleets. For example, a single vehicle might be charged at the higher end of the spectrum, around £30 per month, while larger fleets benefit from lower per-vehicle rates, potentially as low as £10 per month.
Fleetmatics pricing is generally stable during the term of your contract. If you lock in a rate of £20 per vehicle per month on a two-year contract, that price remains fixed for the duration of the agreement. However, prices may be adjusted for new contracts or at the end of a contract term based on market conditions or changes in service offerings.