The Car and Truck Fleet and Leasing Management Magazine

Industry-First Program Runs Complete Financial Analyses of Business Vehicle Acquisitions

November 15, 2005

TORRANCE, CA — Empower, Inc. has released the Business Vehicle Optimizer, an online tool that generates comprehensive tax and financial information on any make and model of vehicle, new or used. The program takes variables such as tax class, annual miles, amount financed, percent business use, GVWR, loan/lease term, buy or trade-in, and interest rates and calculates them through current IRS codes, tables, and revenue rulings. The results, presented in an easy-to-understand overview and detailed reports, show the most prudent acquisition method from both a tax and financial standpoint.The program is available through Bobit Business Media’s fleet portal at www.fleet-central.com/empower. A product demo is online now.
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