NAFA'S Personal Use Survey Shows Change in Policy
The percentage of fleets permitting licensed children to drive a company car has declined - from 62-percent in 1973 to 47-percent in 1974.
Some new trends have been revealed in personal use of the company car, although almost all fleets continue to permit the practice.
First of all, the percentage of fleets permitting licensed children to drive a company car has declined - from 62-percent in 1973 to 47-percent in 1974.
Second, the number of fleets that place a limit on the number of miles driven has increased for the first time since the NAFA Survey was started. This has increased from eight-percent to 13-percent.
Third, the percentage of fleets charging at least a portion of the repair costs resulting from accidents during personal use has increased to 49-percent from 42-percent.
Fourth, reimbursement for use of a personal car on business has increased sharply in the last year. In the 1973 survey 47.5-percent paid 10 cents or less for use of a personally-owned car on business (when there was no assigned fleet car). In the 1974 survey this figure dropped to 10-percent.
Fifth, chargebacks for personal use of the company car have increased, but not as rapidly as increasing costs. Of the fleets participating in the survey, 52-percent of them still charge six cents a mile or less for personal use. However, the number of fleets not charging for personal use remains at about the same level.
A total of 156 fleets participated in the 1974 personal use survey. They operate 105,414 passenger cars, 68,457 company-owned.
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