Who gets company cars?
Discussion
Just wondering really. I've had plenty of roles where a car allowance was given but never where an actual car was part of the package. In fact I know very few people with company cars, in fact some very, very senior people without them. So what roles tend to get them? Are they just for reps?
I'm in sales so it's a tool of the job, there's no opt out available to me, if there was, I would opt out. We have non field employees who also get a company car, yet their job role doesn't require one, that does puzzle me, as it's quite a tax bill for a non essential when any old snotter would do to commute.
How does it work in car sales these days? when you might be running a different demo car from one day to the next, and it may/may not have any fuel in it? How is the P11D value calculated? In the eighties it was never declared, demo car/PX snotter/whatever, so was a great perk. In the nineties I then had a designated car, it was my car, not a demo, so I paid the tax.
Edited by Balmoral on Thursday 15th March 12:57
Cars here are applicable to role level - at more junior level they are given on a need-user basis(if you do around 7500 business miles it's cheaper for us to give people a lease car @ 350 or 400/mth) otherwise for the more senior roles they are benefit-users and you get one, or the cash, as part of the standard package. All cars come with fuel cards as well which is nice as due to the price of fuel you don't need to do that many miles for it to work out as a benefit.
I work on the continent basically as a trouble-shooter in a manufacturing company. Mostly I use it to drive to airports and my nearest office. I get fuel too and my tax regime isn't too onerous at the moment. I reckon it's only costing me about 1000/year for a 1,5l Turbo Diesel so at that price it's a very handy perk. Mostly here it's Factory Managers and above or salesmen who normally have a pretty big territory.
[quote=Balmoral]How does it work in car sales these days? when you might be running a different demo car from one day to the next, and it may/may not have any fuel in it? How is the P11D value calculated? In the eighties it was never declared, demo car/PX snotter/whatever, so was a great perk. In the nineties I then had a designated car, it was my car, not a demo, so I paid the tax.
Usually we ''run'' the car for 3-6months for P11D purposes, altough we could be in 4 or 5 different cars in the time! Fuel tends to diseaper and never to be seen again if your car is sold, I run on fumes all the time
Usually we ''run'' the car for 3-6months for P11D purposes, altough we could be in 4 or 5 different cars in the time! Fuel tends to diseaper and never to be seen again if your car is sold, I run on fumes all the time
I've always taken the allowance, usually a taxable 500-700/month.
You always get the numpties who rush out and obtain one at the first sign of promotion...guess they think it'll impress the in laws / neighbours.
When i first started training i remember looking round at my fellow trainees, all of them had briefcases, and in my naivity i assumed they got more important work than me, hence the document case...took me about a fortnight to realise it was filled with an apple and sandwiches, made by their mum. much the same types who, 10 years later, take a 10k salary sacrifice to get a lease car.
Unless you're doing mega mileage i would say the lease deals are so prohibitive that you're better off sourcing something a few years old that you actually want, and isn't a grey golf!
You always get the numpties who rush out and obtain one at the first sign of promotion...guess they think it'll impress the in laws / neighbours.
When i first started training i remember looking round at my fellow trainees, all of them had briefcases, and in my naivity i assumed they got more important work than me, hence the document case...took me about a fortnight to realise it was filled with an apple and sandwiches, made by their mum. much the same types who, 10 years later, take a 10k salary sacrifice to get a lease car.
Unless you're doing mega mileage i would say the lease deals are so prohibitive that you're better off sourcing something a few years old that you actually want, and isn't a grey golf!
Another Motortrade chap here. We have the whole demo fleet to take our pic from, however, we are then in it for 3 months (although we can borrow others if the need arises) and are taxed on the P11D of them.
Purely for this reason, and because I have a few fun toys of my own, I went for the cheapest. Toyota Aygo Ice, bloody economical compared to any of mine, comfyish, A/C and Im happy with that. Plus, about 220 a year company car tax, so its damn cheap motoring!!
Ref the fuel, we just claim back if the vehicle is sold, we are lucky like that! Nice boss!
Purely for this reason, and because I have a few fun toys of my own, I went for the cheapest. Toyota Aygo Ice, bloody economical compared to any of mine, comfyish, A/C and Im happy with that. Plus, about 220 a year company car tax, so its damn cheap motoring!!
Ref the fuel, we just claim back if the vehicle is sold, we are lucky like that! Nice boss!
For just under 200/month (high due to the mileage I choose) I get a new car around every 9 months chosen from a list the company provide. Can't complain really, all I have to do is put the fuel in and if tyres are below 2.5mm they have to be replaced.
The only other issue is damage which has to be paid for, but the paperwork is very clear on what is/isn't allowed.
I suppose it's a nice perk of working for and OEM.
The only other issue is damage which has to be paid for, but the paperwork is very clear on what is/isn't allowed.
I suppose it's a nice perk of working for and OEM.
Edited by Cyder on Thursday 15th March 13:15
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