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-   -   Anyone here have a company vehicle? (https://thetfp.com/tfp/tilted-motors/127341-anyone-here-have-company-vehicle.html)

Borla 11-13-2007 07:43 PM

Anyone here have a company vehicle?
 
What do you have?

What are your company's policies concerning personal use? Do you have to log separately personal vs. business miles?

How often is it replaced?

Do you cover any costs?

Did you keep your personal vehicle?





Just curious, as I've been told I am getting a promotion that will mean a company vehicle will be ordred for me soon. :thumbsup:

JStrider 11-13-2007 10:18 PM

ooo cool.

I can check a vehicle out if I'm having to drive somewhere on company business.

I've used it a few times for training at various locations away from HQ

BadNick 11-14-2007 05:31 AM

Good luck, I hope you get something nice. But any functional "free" car is pretty good imo.

I had one a few years ago, but nothing "high end". It was a Pontiac Grand Prix. It worked fine and it was free so what's not to like. At that time my wife had a car but I didn't have another car. That company's policy was to replace all company cars every 3 years, but you could ask for an exception if you wanted to keep it longer.

I really did not need the car for any legitimate company purpose since I never travelled for work. So I just drove it back and forth and they took care of the tax accounting. I did pay for gas, but they paid for all other costs, maintenance, insurance, etc., even weekly car washes. It was given to me since I declined their salary offer as not quite adequate and they threw that in with some other stuff, which made it an OK deal for me. Funny, they drove me to the company president's house to get it out of his garage since his wife was using it ...this was a large publically traded company not a little private outfit. I think there is a lot of abuse of such company "benefits".

Redlemon 11-14-2007 08:32 AM

My buddy had a company car. Then he was laid off. And he had no car with which to find a new job.

QuasiMondo 11-14-2007 10:19 AM

My company gave me a Ford Explorer for use. With the amount of travel I do between cell sites, it's a necessity more of a privelege. Cheaper than them having to reimburse me for wear and tear on my own personal vehicle. Personal use is not permitted, though short errands can be done during work hours and quick stops can be made in transit to and from work. Mileage is tracked through the fuel card I'm given, but with the old system we used, a trip report had to be filed at the end of the month detailing fuel and maintenance purchases, as well as daily mileage. I'm responsible for to have all maintenance performed, but it's all paid for through the leasing company (same with fuel). The only costs I'm responsible for are traffic tickets and parking violations, though if I can prove that the parking ticket was issued during the course of business (i.e. being ticketed for parking in a residential area and not having a residential pass), the company will cover the cost of that ticket. I did keep my personal vehicle, it feels good not having to rack up all of those miles and great for saving on fuel and maintenance. We used to replace them at 80K, but now I think we turn them in at 100K.

Just be sure to take a good look at your company's vehicle policy to make sure you don't run afoul of any regulations, and congratulations on the promotion!

Willravel 11-14-2007 10:26 AM

I had one available to me at my previous job that I used occasionally.
Quote:

Originally Posted by Borla
What [did] you have?

2005 Mercedes e350 (worst auto tranny ever).
Quote:

Originally Posted by Borla
What [were] your company's policies concerning personal use? Do you have to log separately personal vs. business miles?

Use for business only. It was used for meeting with big clients. I logged all miles very specifically.
Quote:

Originally Posted by Borla
How often is it replaced?

It was the first company car for the company, and now the company is going under. So I don't think it'll be replaced.
Quote:

Originally Posted by Borla
Do you cover any costs?

I paid to have it washed a few times, but I don't think it was required. Normally the company reimbursed me for gas or any other necessary repairs or upkeep.
Quote:

Originally Posted by Borla
Did you keep your personal vehicle?

Absolutely. The only way I'd not have a personal vehicle is if the planet ran out of oil and nothing suitable was able to replace it in time.

lt1s10 11-14-2007 07:23 PM

I have one and it's a necessity also more then a privilage since there are so many sites I visit. The company charges me $400 a month. But they don't track mileage and all fuel, maintenance, and insurance is included. I take the truck home and I can use it as my personal vehicle. On occasion I borrow my dad's boat to go fishing and tow it with the company truck. I've seen the division manager at the boat ramp and he's never said anything about it.

In general the trucks are turned in at 75k miles but if it becomes too problematic I can file for a review and turn it in sooner. Most times it just a fill out the paperwork and people have gotten new trucks. I don't know anyone who has abused the system so I think that's why for us it's still easy. I've know some other branches don't have it as well.

I like to play with projects so I currently have 2 other vehicles. I try and keep at least one of my personal cars daily driver capable just in case something happens.

Illuminaire 12-12-2007 04:39 PM

I work for a tiny company, so I have a hand-me-down '92 Nissan Sentra. Work basically pays for the insurance and upkeep on the car, and I get a little bit for gas each month on my paycheck.

But I can use it for whatever... I'm paying for the gas, after all...

Craven Morehead 12-12-2007 09:53 PM

I've had a couple in the past but not now. In the most recent instance I could use it for personal use but I had to track the mileage. At the end of the year I had to declare how many personal miles I put on it. That was used to calculated the taxable value on which I had to pay taxes. Its a form of reimbursement so it becomes taxable. It was added to my gross but no money was withheld. But when I filed I had to make up the difference.

Bossnass 12-12-2007 10:52 PM

I'm driving a company SUV, a V6 2005 Ford Escape.

Most of the fleet is parked at one of the offices; if you're going into the field you take one instead of your personal vehicle.

I ran into some transportation problems a couple months ago and requested to use one personally for a short period. When I didn't need it anymore, I was told I could keep it as a perk. It also so happens that the field sites I frequently visit are closer to my home than the office and in the opposite direction, so it doesn't make a lot of sense for me to drive my car to the office, pick up a truck, then drive to site. It is a reasonable expectation that some construction/field/offroading is required.

So I'm supposed to track personal usage, but I really don't use it very often or at all for non-work/school related travel. I do have to track my mileage and am paid for fuel and upkeep on a mileage basis. Prior to being told I could keep using it as long as I wanted, and for everyone else that takes the vehicles on an as-needed basis, it is just a matter of submitting fuel receipts if you had to fill up.

My wife and I have another car, so we sadly sold the extra one (which was starting to wear out anyway).

I have no idea when they are going to replace it.


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