New book – Do The Maths

Eyelevel Books have just published Colin Tourick’s brand new book Do The Maths

Do The MathsThe book is a step-by-step guide to the mathematics of asset finance, covering discounted cash flow analysis and showing the reader how to use Excel to build tax-based DCF spreadsheets and to calculate finance instalment and interest rates.

It includes an explanation of the different types of interest rate, payment profiles, the effect that residual values and balloon rentals have on rental calculations, fixed and variable rate transactions, FHBR, LIBOR and A & B factors.

Do The Maths includes comprehensive descriptions of the main ‘purchase-type’ finance agreements (outright purchase, hire purchase, conditional sale and credit sale), leases (contract hire, ‘open-book’, sale and lease back, finance lease) and other asset finance products (contract purchase, loans, bank overdrafts, ECO, schemes and salary sacrifice schemes). It also looks at methods for calculating early termination settlements for leases and other finance agreements.

The book sets out to explain the underlying principles that you can apply in any country, for any kind of asset and under any set of tax rules.

As Tourick says; “The financial side of asset finance is not that complicated: it just needs to be approached one step at a time.”

The book is published by Eyelevel Books in association with Volkswagen Financial Services, Fleet Operations Limited, Jaama and Visper Asset Finance. 191 pages. 33,600 words. ISBN 9781902528342

You can buy the book as a paperback or a PDF e-book and there is also a downloadable file containing all of the many Excel spreadsheets that are shown in the book

Do The Maths

Press Release – 3rd edition of Managing Your Company Cars published

Colin Tourick has today published the 3rd edition of his fleet textbook Managing Your Company Cars, just a fortnight after launching his new tax book Company Car and Van Tax 2011-12.

This massive textbook – 550 pages – has been fully updated to October 2011. It is a comprehensive guide to vehicle management and leasing for the beginner and expert.

It is published in association with ALD Automotive and the taxation chapter was developed in conjunction with KPMG.

You can read reviews and see the contents pages.

There is no similar book on the market. Earlier editions have sold in 26 countries across the world.

Continue reading

Professor Tourick launches new fleet book

Article from Business Car magazine

16 April, 2009

Fleet consultant professor Colin Tourick has published a new book to help fleet managers do their job.

The book called Managing Your Company Cars: Expert Opinion sees Tourick compile a series of interviews he carried out with a host of fleet experts. The interviews ask the type of questions a fleet manager would ask and provide the experts’ answers and opinions on these matters. More.