The qualities of a good company car
If you are looking for a good company car there are a number of things you’ll want to consider which includes the resale value of the car and how much it will cost to maintain it once the warranty is over. The choice of car you come up with will also depend mainly upon your company’s policy which entails how and which cars you give your employees or which you use for work. So for instance if you run a delivery service you’ll probably want to find a car which easily accommodates what you deliver and at the end of the warranty period you are able to sell it off at a good resale price. For companies that need to get their executives a company car the criteria will be something more comfortable to drive, flashy and probably expensive but with good resale value.
Important resale pointers
The first thing about resale is the fact that every car in America does not have good resale value. For instance luxury model cars such as million dollar BMWs and Mercedes do not have good resale especially since the average person cannot afford to buy them. Also selling off these expensive cars are very difficult. The majority of companies that give their high end employees a BMW or a Mercedes do so primarily as a working incentive rather than with the intention of it having resale but this is something which is impractical for a medium or small sized company.
Ideally you’ll want to purchase a company car which is cheap to maintain, looks good and has good resale value. If you need more information on which cars or models have good resale you just need to visit a local car dealership. Used car dealerships will be more than glad to tell you exactly which cars have good resale value and which do not so that you can make a purchase accordingly.
How long will you keep the car?
This is a very important question and will depend on what your company policies are. If the policy is to sell the car as soon as the warranty period is over then purchasing a model with good resale makes sense. You also do not have to worry much about how much it will cost your company to maintain the car since most maintenance costs jump into the equation after the first year. However, some cars tend to be much more prone to accidents, leaks and other issues for which you’ll have to get it insured.
Finding a really good company car will take some time and obviously some experience. However, once you are able to figure out how these things are done it will become easier to find and purchase company cars for other employees and executives. Probably if you are the owner it may also give you an opportunity to amend your policies in order to suit exactly how the automotive industry works and how you can save money.
If you want to know more about leasing a family car visit this site in Danish the term is(Privat leasing familiebil).You can read more about here.
Processing your request, Please wait....
