
How does your company handle personal-use charges? How much does it charge? How often does your company perform a "true-up" or personal-use reconciliation? These are some of the questions AF will be answering in this year's personal-use survey.
How does your company handle personal-use charges? How much does it charge? How often does your company perform a "true-up" or personal-use reconciliation? These are some of the questions AF will be answering in this year's personal-use survey.
Could the U.S. fleet market of the future evolve in the same direction as the European fleet market? The key factor driving the European fleet market from the 1960s to present has been a high taxation environment. There are many indicators that point to the U.S. entering a new era of very high taxation. Could the same future unfold for the U.S. fleet market as it did in Europe? In my mind, this is not a far-fetched scenario.
If you asked fleet managers what the industry average is for personal use of company vehicles, most would say it is approximately 15-18 percent. But, is it? Most of us will agree that some drivers fudge their personal-use mileage, but no one knows by how much. There is a growing suspicion that personal-use mileage is far greater — perhaps substantially greater — than what the industry accepts as conventional wisdom.
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