Economic feasibility analysis: The payback calculation for your e-van fleet

09.02.2025

Minutes

Federico De Ponte

Experte für Beratung bei Auctoa

June 27, 2025

8

Minutes

Jan Schreiter

Profitability Expert

Rising diesel prices and impending driving bans are affecting your balance sheet. A detailed amortization calculation shows how electrifying your van fleet not only protects the environment but also significantly reduces your total operating costs (TCO).

The topic briefly and concisely

A depreciation calculation must be based on the total operating costs (TCO), which are up to 33% lower for electric transporters than for diesel vehicles.

Government funding (up to 80% of the additional costs), the exemption from vehicle tax, and the THG quota significantly shorten the payback period.

Retrofitting existing panel vans (D2E) protects investments in expensive special structures and is often more economical than purchasing a new one.

For fleet operators in Germany, the decision to electrify is increasingly becoming a strategic necessity. Due to CO2 mandates and rising operational costs for diesel vehicles, the transition is not a question of "if," but "how." The key to making an economically sound decision lies in an accurate amortization calculation for the electrification of your van fleet. This analysis goes far beyond the mere purchase price and examines the total cost of ownership (TCO). It is the crucial tool to set the course for a future-proof and profitable fleet. Heero supports you as a partner in creating this complex calculation for your specific requirements.

The TCO as the foundation of your amortization calculation

A valid amortization calculation is not based on the purchase price but on the total operating costs (Total Cost of Ownership, TCO). Studies show that the TCO for electric transporters is already up to 33% lower than that of diesel models. In Germany, the costs for light electric transporters are on average 10 cents per kilometer, compared to 15 cents for a diesel. An analysis of all costs over the entire holding period of typically five years is crucial for an accurate assessment. Many companies overlook that the higher purchase costs are often offset within 4 to 6 years by lower operating costs. A comprehensive TCO analysis of your fleet is therefore the first step. This consideration shows how variable and fixed cost points shift and accelerate the amortization.

Variable costs: Energy costs and maintenance in direct comparison

The largest savings with e-vehicles arise from lower energy and maintenance costs. Annual energy costs can drop from an average of €12,400 for diesel to €3,700 for electricity. In addition, the maintenance needs for electric motors are significantly lower, as many wear parts of a combustion engine are eliminated. Maintenance costs can be reduced by up to 50%. The following typical maintenance tasks are completely eliminated with an electric vehicle:

  • Oil and oil filter change

  • Replacement of the exhaust system

  • Clutch maintenance and replacement

  • Replacement of spark plugs or glow plugs

  • Maintenance of the fuel system (injectors, pumps)

This reduction in garage visits increases vehicle availability by several days per year. The reduction in operating costs is thus a direct and quickly noticeable advantage of electrification. The next section highlights how fixed costs and subsidies further enhance this effect.

Fixed costs and funding: Accelerators of amortization

Government incentives significantly reduce the payback period for electric commercial vehicles. In Germany, pure electric vehicles are exempt from vehicle tax for 10 years. Additionally, companies benefit from funding programs such as the "Regulation on Funding for Light and Heavy Commercial Vehicles" (KsNI), which can cover up to 80% of the additional investment costs. The THG quota provides an additional annual revenue source of several hundred euros per vehicle. These factors significantly influence the ROI calculation for your fleet. The combination of these advantages makes the investment predictable and economically attractive. However, buying new is not always the best option, as the next point illustrates.

The value of existing vehicles: Retrofitting as an economic lever

For fleets with expensive special installations, as is common with municipalities or craft businesses, retrofitting is often the most economical solution. A Sprinter with a special installation can cost over 200,000 euros; a value that would be lost with a new purchase. Our patented D2E retrofit (Diesel-to-Electric) preserves this capital value and only replaces the drivetrain. This is a clear commitment to the circular economy and conserves valuable resources. The costs for a retrofit are often significantly lower than the difference between a new diesel vehicle and a new electric vehicle with a comparable setup. The decision between retrofitting or purchasing new heavily depends on the condition and value of your existing fleet. The retrofit not only protects your investment but also ensures the long-term value of the vehicle.

Residual value forecast: The long-term perspective ensures the value

The residual values of diesel vans are under pressure due to increasing regulations and driving bans. In contrast, stable demand is expected for used electric vans. When assessing the value, the cost of the battery, which can account for up to 60% of the vehicle cost, must be considered separately. Even after 8 to 10 years of use in vehicles, the battery often still has significant value for second-life applications. A truck can still have a residual value of 25 to 50 percent after this period, while the battery enters a second life. This long-term value stability is a crucial factor in the amortization calculation. The decision to utilize the stock is thus also an investment in the future. In the end, the analysis of all these factors leads to a clear strategic decision.

Conclusion: Your individual amortization calculation as a strategic tool

The electrification of your van fleet is a far-reaching business decision. A blanket calculation does not do justice to the individual needs of your operation – from daily mileage to the type of load. A detailed amortization calculation that considers TCO, grants, residual values, and the option of D2E conversion is the foundation for your success. It enables you to determine the optimal timing and most economical method for the transition. Heero is your innovative partner, accompanying you with a tailored analysis and proven solutions on this journey. Request your personal consultation now or book a free everyday test drive and shape the future of your fleet profitably and sustainably.

FAQ

How does HEERO create an amortization calculation for my fleet?

We analyze your specific parameters such as vehicle type, annual mileage, typical routes, and load. Based on this data, we create a detailed TCO analysis and an ROI forecast that considers both new purchases and our D2E conversion as options.



What role does residual value play in the amortization calculation?

The residual value is an important factor. While the value of diesel vehicles decreases, stable demand is expected for electric transporters. We include realistic residual value forecasts, even for the battery in the second-life phase, in our calculation to ensure a complete picture of cost-effectiveness.



Does the amortization calculation also consider the charging infrastructure?

Yes, on request we include the one-time investment costs for the necessary charging infrastructure at your depot in the overall assessment. There are also attractive subsidy programs that we take into account in the calculation.



Is it possible to retrofit a leased van?

Yes, retrofitting at the end of the lease is a very popular option. You can take over the proven vehicle from the contract at a low price and transform it into a future-proof electric vehicle with our D2E conversion, instead of making an expensive new purchase.



How quickly can a conversion be done?

Our D2E conversion of a Mercedes-Benz Sprinter is a standardized process that usually takes only about 10 working days. This way we minimize your vehicle's downtime and you can quickly benefit from the advantages of the electric drive.



Do I get a warranty on a converted vehicle?

Of course. HEERO provides a comprehensive warranty on all components of the electric drive train installed by us, including the motor and battery. You receive a technically flawless and reliable vehicle.