Find out how fleets determine personal use charges. The following charts include determining conditions approved for personal use; factors that govern the assignment of company-provided vehicles; who is allowed to drive company vehicles; and how often fleets perform personal-use reconciliations.
Personal Use Decreases Vehicle Resale Values
While personal use averages 16%, outside market dynamics can cause personal use mileage to increase. For instance, when fuel prices increase, there is typically a spike in employees using fleet vehicles for personal use since the company pays for gasoline.