Fleet News

Most ignorant of real car cost

A NEW survey suggests that three-quarters of drivers are unaware of the true cost of running a car.

Vehicle management group LeasePlan asked drivers to predict the cost of running a private vehicle and say 56% opted for an amount lower than the true cost.

Kevin McNally, managing director of LeasePlan, said: ‘Thanks to years of tax changes and confused messages, thousands of UK employees believe company cars, traditionally one of the industry’s most popular perks, have become significantly more expensive to run than privately owned ones.’

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee