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re: Anyone here have a corporate car or car allowance??

Posted on 5/7/13 at 4:38 pm to
Posted by DaleDenton
Member since Jun 2010
42397 posts
Posted on 5/7/13 at 4:38 pm to
quote:

Does anyone have any experience with doing a corporate car lease? Would that be cheaper for my company than renting a car every week? Or should i try to negotiate a car allowance? What's a reasonable amount?


No experience with a lease, but if they are willing to rent a car every week, then they should be willing to lease a car, cheaper for them in the long run.

Something to think about if you are going to use your personal vehicle is you have to have a different coverage of insurance, the standard personal auto policy will not cover you as your car will be used for "commercial purposes" on the job, yeah you can just lie about it, but I wouldn't recommend it. This type of policy will double what you pay to have it added to your car.

So, either ask them for a car to use for the job, or figure out how much the insurance cost would be on yours and negotiate a mileage reimbursement (usually 30 cents a mile or so).

If they won't work with you, find a new job, no way I would do it with out being paid mileage as well as having a company card to purchase gas for company trips, if you are going to log 1000s of miles in a week-2 week period, they should be supplying the vehicle to rack up the miles as you will be losing money just using your car via depreciated value and future possible maintenance costs. You know if they pay enough for you to be able "to afford" this, but I doubt they do.
Posted by GoldenSombrero
Member since Sep 2010
2651 posts
Posted on 5/7/13 at 10:10 pm to
quote:

No experience with a lease, but if they are willing to rent a car every week, then they should be willing to lease a car, cheaper for them in the long run.


Yeah the problem is I still have to fly some. In those cases they'd be paying for my car and along with rental car.
quote:

Something to think about if you are going to use your personal vehicle is you have to have a different coverage of insurance, the standard personal auto policy will not cover you as your car will be used for "commercial purposes" on the job, yeah you can just lie about it, but I wouldn't recommend it. This type of policy will double what you pay to have it added to your car.

I did not know this. Good to know.
Posted by johnzorback
Member since Apr 2012
4126 posts
Posted on 5/7/13 at 11:03 pm to
I haven't heard of that coverage of insurance for non-company cars that weren't transporting anything.

When I've seen it it's to protect company assets as well as the car.

I feel pretty good getting $0.38 a mile if .30 is average.
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