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re: How much should a company truck affect your salary?

Posted on 9/26/23 at 7:55 am to
Posted by lostinbr
Baton Rouge, LA
Member since Oct 2017
9676 posts
Posted on 9/26/23 at 7:55 am to
quote:

Are you guys considering your commute "personal use"?

Because I don't use my company truck for personal use, but I do use it for my commute.

I consider not having to use my personal vehicle or pay for gas for my commute a very large perk.

I assume this is what most people consider a "company truck"

Having a vehicle for your daily commute is a benefit for sure. The question is how much that’s worth. It’s not $0 but it’s also probably not the full lease value of the vehicle + gas.

To me it largely depends on what the policy is on personal use. If the company allows full personal use (meaning free to use however you want, beyond just your daily commute) then there is a lot more value than there would be with a company that strictly forbids using the vehicle for, say, vacations/trips.
Posted by Salmon
On the trails
Member since Feb 2008
83653 posts
Posted on 9/26/23 at 8:11 am to
quote:

To me it largely depends on what the policy is on personal use. If the company allows full personal use (meaning free to use however you want, beyond just your daily commute) then there is a lot more value than there would be with a company that strictly forbids using the vehicle for, say, vacations/trips.


Sure. If my company truck replaced my personal truck, obviously that is more value.

But being able to use my company truck for just my commute is still a significant value. For one, it has increased the life of my personal truck, I fill up my personal truck like once every 2 months (I only drive it on the weekends), and at least for me, my company truck is a lot nicer than my personal truck
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