The Hull Truth - Boating and Fishing Forum - View Single Post - The Value of a Company Vehicle As Salary Comp.
Old 02-06-2010, 07:13 PM
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Join Date: Jan 2003
Location: Houston,Tx,U.S.A
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I had a company car with my last job (left Dec 31st) now I drive one of my cars to the new gig, that said it was a blessing and a pain my company keep tight logs and for every personal mile you drove it cost you .25 per mile. If you had a fender bender in the car you were subjected to a DOT breath and pee test within 4 hours business hours or not.

I never got in it on my off time just not worth the issues when there is 4 other cars to drive...

I did not put any value in it as I was an outside salesman and would not have considered driving my personal car those miles... 18K in 6 months.