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Trakm8 is a UK-based provider of telematics and fleet management solutions, offering a range of products designed to enhance operational efficiency, improve driver behavior, and reduce costs for businesses managing vehicle fleets.
In this review, we explore the Trakm8 pricing structure, key features, contract terms, and overall value for businesses seeking effective fleet management solutions.
Trakm8 review
Trakm8 delivers a variety of telematics solutions tailored to different business needs:
- Insight Essentials: A cost-effective vehicle tracking solution providing live GPS tracking, driver behavior scoring, and business/private mileage tracking. Ideal for small businesses and grey fleets.
- Insight Business: An advanced solution that includes all features of Insight Essentials, plus vehicle health monitoring, customizable dashboards, and additional reporting capabilities. Suited for SMEs and corporate fleets.
- Insight Enterprise: A comprehensive fleet management system offering features such as live vehicle tracking, driver behavior analysis, vehicle health monitoring, route optimization, and live-video streaming. Designed for large enterprises with complex fleet operations.
These solutions are integrated into Trakm8’s Insight platform, providing businesses with a centralized view of their fleet operations.
Trakm8 pricing – What does it cost?
Trakm8 offers flexible pricing plans to accommodate various business requirements. Below is an overview of their offerings:
| Product | Starting Monthly Cost (per vehicle) | Contract Options | One-off Activation Fee |
|---|---|---|---|
| Insight Essentials | From £5.99 + VAT | 12, 24, or 36 months | £25 + VAT |
| Insight Essentials with Battery Health | From £7.99 + VAT | 12, 24, or 36 months | £25 + VAT |
| Insight Business | From £12.99 + VAT | 12, 24, or 36 months | £25 + VAT |
| Insight Enterprise | Custom Pricing | Contact for details | Contact for details |
It’s important to note that longer contract terms offer lower monthly rates. For example, the 36-month contract for Insight Essentials is priced at £5.99 per vehicle per month, while the 12-month contract is £6.99 per vehicle per month.
Additionally, Trakm8 offers the Trakm8 Prime solution, a plug-and-play vehicle tracking system priced from £7.99 per month on a 30-day rolling contract, providing flexibility for businesses not wanting long-term commitments.
Key features and tools
Trakm8’s fleet management solutions encompass a wide array of features designed to optimize fleet operations:
Live GPS vehicle tracking
Monitor vehicle locations and statuses in real-time, facilitating efficient dispatch and improved customer service.
Driver behavior scoring
Assess driving habits such as speeding, harsh braking, and idling to promote safer driving and reduce fuel consumption.
Vehicle health monitoring
Receive alerts for diagnostic trouble codes, battery health, and other vehicle health indicators to prevent unexpected breakdowns.
Business/private mileage tracking
Accurately record mileage for business and private use, aiding in HMRC compliance and expense reporting.
Geofencing
Set virtual boundaries and receive alerts when vehicles enter or exit designated areas, enhancing security and operational control.
Customizable dashboards and reports
Tailor dashboards and reports to specific business needs, providing valuable insights into fleet performance.
Route optimization and planning
Plan efficient routes to increase productivity and reduce fuel costs.
Live-video streaming
Monitor driver and road conditions in real-time with integrated dash cams, enhancing safety and providing evidence in case of incidents.
Contract terms and setup fees
Trakm8 provides flexible contract terms to suit different business needs:
- Contract Lengths: Options include 12, 24, and 36-month contracts, with longer terms offering reduced monthly rates.
- Activation Fee: A one-time activation fee of £25 + VAT per device applies to most plans.
- Installation: Devices like the Connect 200 offer simple self-installation, while more complex systems may require professional installation.
For businesses seeking flexibility, the Trakm8 Prime solution offers a 30-day rolling contract with no long-term commitment.
Pros and cons
✅ Pros:
- Flexible pricing and contracts: Offers a range of packages starting from just £5.99 per vehicle per month, with 12, 24, and 36-month options, plus 30-day rolling contracts via Trakm8 Prime.
- Comprehensive feature set: Includes real-time tracking, driver behaviour scoring, vehicle health monitoring, and route optimisation.
- Self-install and plug-and-play options: Some devices are easy to install, reducing downtime and installation costs.
- Scalable for business growth: Suitable for small businesses and large enterprise fleets alike, with packages that can evolve as needs change.
- Regulatory and tax compliance tools: Features like mileage logging and private/business journey splitting help with HMRC compliance.
❌ Cons:
- Activation fees: A one-off setup fee of £25 + VAT per device may add to upfront costs.
- Some plans require long-term contracts: Lower monthly rates typically require a 36-month commitment, which may not suit all businesses.
- Advanced features limited to higher tiers: Access to more in-depth analytics and live video streaming is reserved for premium packages.
- Interface may require training: The full Insight platform offers powerful data, but some users may need time to become familiar with its advanced dashboard options.
Trakm8 vs competitors
When comparing Trakm8 to other leading fleet management providers, it’s important to weigh up the balance between cost, features, and flexibility. Here’s how Trakm8 stacks up:
| Provider | Starting monthly cost (per vehicle) | Contract options | Key strengths |
|---|---|---|---|
| Trakm8 | £5.99 + VAT | 12, 24, 36 months or 30-day | Strong value, modular plans, driver behaviour & health tools |
| Quartix | £9.90 | 12 months | Affordable, easy setup, basic tracking and driver reports |
| RAM Tracking | £12–£20 | 12+ months | Easy to use, includes mobile apps and driver reminders |
| Samsara | £22–£27 | Annual contracts | Enterprise-grade features, AI dash cams, open API |
| Verizon Connect | £20–£25 | 36 months | Advanced compliance, robust reporting and integrations |
Trakm8’s key differentiators are its flexible pricing structure (especially the Essentials plan from £5.99/month), plug-and-play options with minimal setup, and features that extend beyond basic tracking — such as battery health alerts, route planning, and video streaming in enterprise packages.
Businesses that want a low-cost, feature-rich platform that scales with them will find Trakm8 particularly appealing, especially compared to providers that require longer-term or higher-cost commitments.
Final verdict – Is Trakm8 worth it?
For businesses seeking a comprehensive and scalable fleet management solution, Trakm8 offers a robust suite of features designed to enhance operational efficiency, improve driver safety, and reduce costs. Its tiered pricing structure, starting from £5.99 per vehicle per month, provides flexibility for organizations of varying sizes and budgets.
Key strengths of Trakm8 include:
- Comprehensive Feature Set: From live GPS tracking and driver behavior monitoring to vehicle health diagnostics and route optimization, Trakm8 provides tools that address multiple facets of fleet management.
- Flexible Pricing and Contract Terms: With options ranging from 12 to 36-month contracts and solutions like Trakm8 Prime offering 30-day rolling contracts, businesses can choose plans that align with their operational needs and financial constraints.
- Scalability: The modular nature of Trakm8’s offerings allows businesses to start with basic tracking and expand to more advanced features as their requirements evolve.
However, potential considerations include:
- Initial Activation Fees: A one-time activation fee of £25 + VAT per device applies to most plans, which could add to the initial setup costs.
- Hardware Installation: While some devices offer simple self-installation, others may require professional installation, potentially incurring additional costs and logistical planning.
In summary, Trakm8 stands out as a versatile and cost-effective fleet management solution suitable for small to medium-sized enterprises. Its blend of essential and advanced features, coupled with flexible pricing and contract terms, makes it a compelling choice for businesses aiming to optimize their fleet operations. For organizations prioritizing comprehensive insights into their fleet’s performance and seeking a scalable solution, Trakm8 is well worth considering.