In addition to this, the cost plus is rather complicated. To explain, there is an independent agency named Oil Pricing Information Service (OPIS) that determines the price of fuel at every location.
Moreover, the taxes and the transportation costs are involved to the price. Correspondingly, the plus is added along with the other fees.
Surprisingly as it may sounds, the cost plus is cheaper than the retail minus.
However, it is cheaper in California and Hawai where the transportation costs are more expensive.
To continue with, there are fleet card companies that offer better options. For instance, with every fuel purchase, the cards automatically select which of the models provides bigger savings.
In this way, the fleets and the drivers are carefree when it comes to switching between the two models. With this offer, the fleets get the best pricing.
Reasons to Use Fleet Fuel Cards!
Beyond the money savings on diesel expenses, the fleet fuel cards involve other advantages.