As more and more companies develop employee vehicle programs, it is important to understand the liabilities and benefits versus simply paying employee IRS mileage to drive their own personal vehicles, or use company cars. With the increase in the IRS mileage allowance, those companies who currently pay employees the IRS reimbursement rate for business miles are leaving money on the table relative to having a company vehicle program. And this is especially true for those with higher business mile drivers.
As we review the economics, putting drivers who travel more than 12,000 business miles a year in a company provided fuel efficient car or SUV, like a Chevy Impala or a smaller SUV, is a no-brainer relative to paying IRS mileage. But an important factor to consider is what your liability exposure from either method is, in regards to personal or business use of company vehicles. There are some interesting facts that most people may not be aware of when taking these decisions into consideration, and educating oneself on the history of cases and all current federal, state, and local laws is important.

Most businesses focus on the liability the company takes on when adding a company vehicle program. This makes sense, […]

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When your family is growing and your four-door sedan is becoming too small with the rest of the family (and the dog) inside, it only means one thing: you should replace your sedan with a minivan. Moreover, if you were someone who simply wants to do some good with the environment, make that minivan a hybrid minivan.
The Need for a Hybrid Minivan
A hybrid minivan’s roomy interior is the reason why a lot of people, mostly with children, have been wanting for such a car instead of a regular sedan. Also, it has been known that a minivan, hybrid or not, is fuel-efficient as compared to big trucks, SUV’s and sedans with 6 cylinders. Although a growing family needs a roomier or bigger car, it doesn’t need something that will add up to the family budget (especially for fuel consumption).
Aside from these, a hybrid minivan although is spacious, is light to carry because of its light exterior and aerodynamics.
“Muscled” Hybrids, Not Minivan
Today, there hasn’t been any hybrid minivan running the streets of any US states, although other brands have been marketing large SUV’s as minivan or an alternative to it. Yet, these “muscled” hybrids are not minivans and don’t have the […]

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Amazon Price: $9.99

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