company cars

Employer-provided automobiles

Company cars are vehicles provided by an employer for an employee's use, typically as part of a compensation package or because the job requires regular travel.

They may be available for both business and personal use, depending on company policy, and often come with tax implications for the employee.

Her new position came with a company car and fuel allowance.

The perk is most common for sales representatives, executives, and others whose work involves significant driving.

Related

fuel card · tax benefits · tax write-off · business expense · vehicle · business travel · carpooling · maintenance · benefit · lease agreements · sedan · lease · plug-in hybrid · keys · road tax · electric vehicles · parking · parking space

Categories
Opposites
ownership

company carsfamily cars

Vehicles sized for households

recreational vehicles · commuter cars · daily drivers

Family

company, companion, cars, accompany, accompanying, accompanied, companies, companionship, companywide

Familiarity
Top 100,000
Profile
Known to kids · Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G