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re: How much should a company truck affect your salary?
Posted on 9/26/23 at 8:32 am to Oilfieldbiology
Posted on 9/26/23 at 8:32 am to Oilfieldbiology
quote:
the average truck note is >$1,000/month now, so with insurance and gas and maintenance, that’s what, $1,600/month minimum? That’s almost $19,000/year.
40 hours per week, 50 weeks per year, +$10/hr, 40x50x10= $20,000. So yeah, a company truck is worth in the ball park of $10/hr.
Only if you can get rid of a personal vehicle, drop all of those costs and then use the company vehicle exactly line you would have used the personal vehicle. If you still have to keep a personal vehicle for personal use, then the only benefit of a company vehicle is lack of fuel, mileage depreciation and maintenance costs for work-related driving.
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