Daily Archives: January 5, 2017

Noah     0

Understanding the True Cost of Wear and Tear on Your Vehicle

Many people drive their vehicles for work-related purposes. Some are provided the choice to drive their own vehicles and to take advantage of a vehicle reimbursement program or to drive a company vehicle as an alternative. Others are required to drive their own car for work and are provided with a car allowance to compensate them for wear and tear on their vehicle, fuel expense and more. Many drivers who are thinking about participating in a vehicle reimbursement program believe that the car mileage allowance is a great deal provided the return to them is greater than the cost of gas. However, as you review your company’s car allowance policy, consider these points.