Fleet News

A third of fleets fear drivers will choose cash over car

two two cars, calculator and cash

More than a third (36%) of fleet decision-makers believe company car drivers will want to take a cash allowance rather than a company car.

That’s the initial finding from the latest Fleet News Covid-19 survey, which looks at the long-term impact of the pandemic on the fleet sector.

The shift to homeworking and meetings taking place online rather than face-to-face during the pandemic has led some fleet industry experts to suggest that company car drivers will favour cash over paying benefit-in-kind tax (BIK) on a car which is now used less.

However, others argue that the company car is still an attractive option, particularly as more pure electric vehicles come to market and do not incur any BIK for the current tax year.

Our survey aims to find out fleet-decision makers’ views on this and other key topics such as service maintenance and repair (SMR) issues, the use of car and van sharing, and how mileages and fleet sizes may change.

The survey closes on Monday, September 7 so there is still time to have your say.

It will take no more than four minutes of your time to complete the survey - either scroll down to complete the box below or take the survey here

The findings will be published in the September 24 issue of Fleet News.

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