Masternaut, a leading provider of vehicle tracking solutions in the UK, offers a range of products designed to optimise fleet operations. This article provides a detailed review of the Masternaut pricing structure, product offerings, and how they can benefit your business.
Overview of Masternaut’s vehicle tracking solutions
Masternaut specialises in telematics and fleet management services, offering solutions that cater to businesses of all sizes. Their products are designed to enhance operational efficiency, reduce costs, and improve driver safety. Whether you are a small business with a handful of vehicles or a large corporation with a vast fleet, Masternaut has something to offer.
Their core offerings include:
- Vehicle tracking devices: These devices provide real-time tracking of vehicles, helping businesses monitor routes, manage fuel consumption, and ensure driver safety.
- Driver behaviour monitoring: This feature tracks driver performance, offering insights into driving habits such as speed, braking, and idling time. The data can be used to coach drivers and improve overall safety.
- Fleet management software: Masternaut’s software provides comprehensive reporting and analytics, enabling fleet managers to make informed decisions based on real-time data.
- Compliance management: For businesses operating in regulated industries, Masternaut’s compliance management tools ensure that all vehicles and drivers meet the necessary legal requirements.
Masternaut pricing list
| Service Type | Estimated Monthly Cost per Vehicle | Key Features |
|---|---|---|
| Basic Vehicle Tracking | £10 – £15 | Real-time tracking, route monitoring, basic reporting |
| Advanced Vehicle Tracking with Driver Behaviour Monitoring | £15 – £25 | Real-time tracking, driver scorecards, alerts for speed, braking, idling |
| Fleet Management Software | £5 – £10 (additional cost) | Comprehensive reporting, fuel management, maintenance alerts |
| Compliance Management | £5 – £10 (additional cost) | Ensures legal compliance, tachograph management, driver hours tracking |
| Installation Fees | £50 – £100 (one-time fee per vehicle) | Installation of tracking devices on vehicles |
| Customisation and Additional Services | Varies | Bespoke solutions, additional software features, tailored reporting |
Note: These prices are indicative and can vary based on the specific needs of your business, the number of vehicles, and the terms of the contract. For a precise quote, it’s recommended to consult directly with Masternaut.
This table should help you get a clearer understanding of what to expect in terms of pricing when considering Masternaut’s vehicle tracking solutions.
Pricing structure
Masternaut’s pricing is tailored to the specific needs of each business, which can make it challenging to provide exact figures without a consultation. However, the general pricing model is based on several key factors:
- Number of vehicles: The size of your fleet will significantly impact the overall cost. Larger fleets may benefit from volume discounts.
- Type of tracking solution: Basic tracking devices are less expensive than more advanced solutions that include driver behaviour monitoring or integrated compliance management.
- Contract length: Masternaut typically offers pricing based on contract length, with longer contracts often resulting in lower monthly costs.
- Additional services: Customisation, installation, and additional software features can also affect the total price.
While the exact costs can vary, businesses can expect to pay an initial fee for the hardware installation, followed by a monthly subscription fee per vehicle.
Example pricing estimates
To give you a rough idea, here are some example pricing estimates:
- Basic vehicle tracking: Prices can start from as low as £10 per vehicle per month, but this will vary depending on the number of vehicles and specific business needs.
- Advanced tracking with driver behaviour monitoring: Expect to pay in the region of £15-£25 per vehicle per month. This includes additional features such as driver scorecards and real-time alerts.
- Fleet management software: This is typically bundled with the tracking solution, but advanced reporting and analytics tools might incur additional costs.
It’s important to note that these prices are indicative and subject to change based on your specific requirements and negotiations with Masternaut.
Value for money
When considering the cost of Masternaut’s solutions, it’s crucial to weigh the potential return on investment (ROI). The savings generated through improved fuel efficiency, reduced vehicle wear and tear, and enhanced driver safety can often offset the monthly subscription fees.
Additionally, the insights gained from Masternaut’s analytics can help businesses make strategic decisions that further enhance profitability.
Is Masternaut right for your business?
Masternaut is a strong contender for businesses looking to improve fleet efficiency and reduce operational costs. Their flexible pricing structure and range of features make them a suitable choice for businesses of all sizes.
However, it’s advisable to conduct a thorough needs assessment and compare vehicle tracking providers to ensure that their solutions align with your specific operational goals.
In conclusion, while Masternaut’s pricing might initially seem like a significant investment, the potential benefits in terms of cost savings and operational efficiency make it a worthwhile consideration for any business managing a fleet of vehicles. For an accurate quote tailored to your business, contacting Masternaut directly is recommended.
For more, visit the Masternaut website.
Masternaut pricing FAQ
Masternaut determines its pricing based on several factors, including the number of vehicles in your fleet, the type of tracking solution you require, and the length of the contract. For example, basic vehicle tracking can start at approximately £10 per vehicle per month, while advanced solutions with driver behaviour monitoring may range from £15 to £25 per vehicle per month.
Masternaut typically charges a one-time installation fee for each vehicle, which ranges from £50 to £100 depending on the complexity of the installation and the specific tracking solution chosen.
Yes, Masternaut’s fleet management software usually comes with an additional cost, which is typically between £5 and £10 per vehicle per month, depending on the level of features and customisation required by the business.
Masternaut often provides volume discounts for larger fleets, which can reduce the per-vehicle monthly cost. For example, while a smaller fleet might pay £15 per vehicle per month for advanced tracking, a larger fleet could negotiate a lower rate, potentially around £12 per vehicle per month, depending on the contract terms.
Masternaut offers compliance management as an add-on service, typically costing an additional £5 to £10 per vehicle per month. This includes features such as tachograph management and driver hours tracking to ensure legal compliance.
If you choose multiple Masternaut services, such as advanced vehicle tracking (£20 per vehicle per month), fleet management software (£7 per vehicle per month), and compliance management (£8 per vehicle per month), the total estimated monthly cost per vehicle could be around £35. This total would vary depending on the exact services selected and the fleet size.
Yes, Masternaut may charge for customisation of their tracking solutions, with costs varying based on the specific requirements. While the exact figures depend on the scope of customisation, businesses can expect these charges to be outlined clearly in the pricing proposal.