Hi all,
Sorry in advance if this is a repeated query but does anybody have a good weblink or can provide me with the pro's and con's of motor allowance or using a company car. I have heard varying advice on this subject and would greatly appreciate some guidance.
There are so many variables that it can be difficult but here is my 2c.
I think that on a rep mobile (Passat,Mondeo) versus €10,000 PA allowance that the grey area comes in between 15K - 20K miles PA. i.e above 20K go for the car below 15K take the allowance.
If you are handy enough with cars and need the cash and can run a 5 - 10 year old car it might sway toward allowance. There is always the unquantifiable "hassle factor" that you don't get with company car.