By
Team Writer
/ September 14, 2016
Personal use charges have increased in 2016 up $4.00 to $132.00. The numbers point to various changes throughout the fleet. A few of these changes are assignments of company owned vehicles, and use of these vehicles when not working, safety and concerns about liability have also contributed to this increase. The personal use of company vehicles seems that it will always be a challenge of the fleet company.
Key Takeaways:
- Fleets’ average monthly personal-use charges increased in 2016 by $4 to $132. Over the past five years, personal-use charges have increased $16 per month from $112.
- In 2015, 70% of respondents indicated job function as the top reason employees received a vehicle. Still the top reason in 2016, the job function category jumped a whopping 13 points to 83%.
- Of the fleet managers responding to the 2016 personal use survey, 43% no longer allow anyone other than the employee to drive a company vehicle for personal reasons, up from 28% in 2015.
“Fleets’ average monthly personal-use charges increased in 2016 by $4 to $132. Over the past five years, personal-use charges have increased $16 per month from $112.”