Forget Monthly Fees and Check Out These ELDs With No Monthly Fees For Owner Operator

The ELD technology is rapidly developing and adapting to the requirements of customers. The electronic logging device (ELD) is mandatory for vehicles that can access, record, and deliver relevant automobile and driver performance information. It is crucial to choose the best logging device for commercial vehicles that fulfill the requirements of compliance, safety, and efficiency.

Customers may look for advanced features in a simple, user-friendly tool to help them manage the fleet processes. Many companies are entering the ELD market with feature-rich products that help fleet businesses streamline operations and optimize costs. The ELDs are certified to comply with FMCSA regulations to allow business owners to remain compliant and enjoy automated data collection and reporting facilities.

Customers need to analyze the cost factor in implementing the ELD solution and balance the long-term benefits with the expenses incurred.

The Cost Involvement

The ELD works through hardware and software coordination. It involves fixing a device in the vehicle and installing the app on connected digital devices. There are options available for customers to pay the one-time charge for installation and use or go for a monthly or annual subscription plan to avail of the services.

You should check both options before deciding on the best one that becomes cost-effective. Many companies offer both options, so you can make a cost-benefit analysis to decide on monetary terms. Some tangible advantages are associated with the ELD implementation with no monthly cost. These are as follows:

Savings In The Total Cost

Small and medium fleet operators may find it difficult to afford high monthly subscription fees. They prefer buying ELD with no monthly charges to match their limited budget and remain compliant with FMCSA rules. The monthly fee starts from around $20-$40, which may increase to $200 per month, and is not cost-effective.

Suitable For Seasonal Operations

Many fleet operators work for a certain period of the year, so they can’t exploit the benefits of subscription plans. They need to pay the monthly fees even for the non-operating season. The best option is to use the device seasonally and pay accordingly.

Flexible For All Types of Fleets

The ELD system without any monthly subscription is suitable for small and large fleet businesses. The affordable device providing basic features for FMCSA compliance may be preferable for small enterprises. Large fleets can go for advanced features and pay a higher price for the device. Many companies have come up with solutions for small business owners who can’t afford the cost of premium features and high monthly fees.

Handles Diverse Requirements

The fleet operators working with different types of vehicles and performing both short and long-distance traveling may find the monthly subscription scheme unsuitable. The monthly subscription is not cost-effective when regularly switching types, and it is preferable to opt for a device with one-time payment as per the requirement.

Avoid Additional Charges

The service provider may apply extra charges under the monthly subscription plan. The installation may be free, but many companies charge extra to integrate hardware with specific software tools. Some companies also apply termination charges if you discontinue the payment scheme. It may require using the digital device provided by the supplier, which also incurs costs. Small businesses can avoid these extra expenses by choosing an ELD system with no monthly fees.

The Best ELDs With No Monthly Charges

An ELD with no monthly fee is an ideal option for truck operators looking for a straightforward solution regarding FMCSA compliance and IFTA reporting. An initial one-time cost is involved with the device, but there are no recurring expenses. The devices without a monthly subscription are cost-effective, but you also need to consider whether the features provided serve your primary purposes of investing in an ELD product.

The device functionalities must align with your racking requirements, safety, and compliance. We will discuss a few devices that provide practical features and offer many benefits but with no ongoing monthly fees.

Matrack ELD

The Matrack ELD is one of the preferred brands for ELD fleet operators, providing GPS tracking and FMCSA-compliant solutions at an affordable cost. The device is powered with easy-to-use features enabling users to monitor and access data for real-time decision-making and reporting. The device is compact and easy to install. The vendor offers a lifetime warranty on all devices. The ELD can be purchased with no upfront cost and a nominal annual subscription fee, making this device a good ROI option.

Features

• User–friendly interface

• Voice-enabled status changing

• Flashlight alerts

Garmin E-Log

Garmin is a newcomer in the ELD market and has gained a prominent position by providing FMCSA-compliant solutions. The device records data regarding the driver’s duty status and prepares e-logs, to store it in the GPS-enabled digital device instead of the cloud platform. The data is easily accessible via Bluetooth. This easy-to-install device provides smooth and accurate navigation features and automated reporting facilities. It is easy to fix Garmin devices in the small commercial and semi-commercial trucks through a diagnostics port. The device has a one-time purchase price of $249.99, with no monthly fees.

Features

• Record Hours of Service (HoS)

• Store ELD data on a compatible phone

• Transfer reports via Bluetooth or USB

• Free download of the app on a compatible mobile device

BIT ELD

The Blue Ink Technology (BIT) ELD offers simple compliance and tracking solutions with a one-time purchase and no monthly charges. The BIT ELD is a simple plug-in device that works in sync with the Blue Ink Tech app, installed on a smartphone. It is a good option for small fleets for maintaining HoS logs and DVIR, with reports on IFTA mileage calculations and maintenance needs. It generates alerts for tire replacement and routine maintenance activities.

Features

• Capture and diagnose faults

• Prepare and edit HoS logs and DVIR

• Check tire pressure and raise alerts

Switchboard ELD

It is a low-cost, simple, and user-friendly tool with various features that help users adhere to FMCSA standards and DOT regulations. It has efficient software support accessible through an integrated tablet. It is compact, lightweight, and easy to install. It offers additional features like GPS and accident protection tools. The device cost is $200, and the tablet costs $200. There is no monthly payment scheme.

Features

• Dashcam for improving security

• Built-in DOT mode

• The device integrates with a tablet

Conclusion

Small fleet owners and operators always look for low-cost ELD solutions that can be advantageous for them to support their limited budget. ELD with no monthly fees or subscription will always be cheaper, but the features will be limited. Therefore, it’s always a good idea to analyze your long-term business needs and make a cost-benefit analysis before choosing an ideal ELD solution.

This article does not necessarily reflect the opinions of the editors or management of EconoTimes.