Company Cars, What’s Best For You?

6th May 2016

Company cars are all about the image that you want to establish for your business. When it comes to how you want clients and partners to see your organisation, the obvious ideals are successful, on the up and competitive. However, you don’t want them to think they are paying you too handsomely for that last piece of work you delivered. That’s why getting the right company car fleet is essential.

Having a fleet of company cars is a minefield – looking at the BIK (Benefit in Kind), whether or not you’ll be paying for private fuel too and of course there is the big one, who gets what. There will always be some jealousy to contend with between counterparts. It’s fairly obvious that you need to give people on the same levels the same choice of cars because, at the end of the day, it is all about fairness. We can help you decide between the cars for the head honchos and the little city run-arounds.

These are a few ideas for the next time you have to update your company fleet. Just remember that the tax and residual value of the vehicles should be your main priorities. But choose very carefully – in the words of Sam Walton; “Outstanding leaders go out of their way to boost the self-esteem of their personnel. If people believe in themselves, it’s amazing what they can accomplish”.

For more information, click here for fleet insurance policies.