Jun 23, 2011
Many fleets charge employees for the personal use of company vehicles. Now, it seems that the struggling economy is prompting some fleets to raise their price:
Automotive Fleet recently conducted a personal use survey, which asked fleet managers a range of questions related to company personal use policies. Although the full article will be available in print and online soon, here’s a preview of some of the statistics from the survey:
In 2011, personal use charges increased to an average monthly value of $118. According to past surveys, this amount has steadily increased from $103 in 2008 to $108 in 2009, and up to $110 in 2010.
In addition, Automotive Fleet’s annual survey of personal use charges and policies found an increase in the percentage of fleets allowing personal use (89 percent in 2011, up from 86 percent in 2010) and as noted, an increase in charges/fees as well. This is still down from the high of 91 percent in 2009.
Does your fleet charge a personal use fee, and if not, would you consider adopting one to ease your financial burden? Let us know in the comments.