Automotive Fleet

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Personal Use

Fleet safety policies must evolve with the issues of the day. And with new activity involving conceal carry permits, dashcams, marijuana legalization, and now electric vehicle use, there is a lot to consider.

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Personal Use Survey 2022

The Great Resignation—new since the onset of the pandemic—is forcing fleet managers to rethink their personal use policies amid other ongoing dilemmas. Most see it as a great opportunity to keep employees on the road and morale high.

The Negative Consequences to Driver Reimbursement

A recurring question is whether it makes business sense to provide company vehicles to employees or to reimburse them for the use of their personal vehicles. Here are 30 reasons why reimbursement may not be the best choice.

Fleet Professionals Sound Off on Upward Cost Pressures

Automotive Fleet views itself as a facilitator to provide a platform for different voices from the industry to sound-off on today’s challenges. This regular column is designed to encourage discourse for fleet professionals to let their voices be heard to their peers and other industry professionals. Here is what is top of mind for fleet professionals on the upward pressure on fleet costs.

The Negative Consequences of Personal Use

There are a number of “hidden” costs to offering employees the personal use of a company vehicles. It negatively impacts the resale value of a vehicles. On average, personal use accounts for 15-18% of the overall miles accumulated during a vehicle’s service life. This blog will explore the various other hidden costs of providing personal use.

Top Trends in Fleet Finance

Topics discussed includes if fleets should reevaluate their future vehicle cycling plans; the resolution of the unintended personal-use charge tax consequence on fleets in 2020; and how new accounting lease standards might impact future vehicle lifecycle trends.

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