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EDGEMAN
Joined: 01/05/2001
Posts: 168,772
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Property taxes...that adds an additional expense.

If they're offering him some bucks and mileage, that means they are NOT covering any of the other expenses. He's expected to pay for that out of what he's receiving from them.
Posted: 09/01/2022 at 01:32 PM ET
(In response to this post by JoesterVT)

Thread Replies (26)

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Company car advice requested.
Tank 09/01/22 01:15 PM ET
Tricked out motor coach since gas is no problem**
Guy LeDouche 09/01/22 04:56 PM ET
…order a new Corvette Z06
chumley 09/01/22 03:44 PM ET
If you don't already own your own car, then company car definitely. You
Late 80s Hokie 09/01/22 02:58 PM ET
company car**
reestuart 09/01/22 02:23 PM ET
Do you carry your own insurance or would you need to with option 1?
ElbertoHokie 09/01/22 02:00 PM ET
Would need to for option 1 only.**
Tank 09/01/22 02:02 PM ET
Option 3: Company should lease a car and pay for fuel with company card
TomTurkey 09/01/22 01:55 PM ET
And you're free to drive your company car personal unlimited miles?**
Stork 09/01/22 01:50 PM ET
Yes, so far. I pay for gas during personal trips.**
Tank 09/01/22 01:55 PM ET
Yikes...talk about liability. **
vthokieq 09/01/22 02:31 PM ET
Definitely Option 2.
HokieJay 09/01/22 01:47 PM ET
How many miles
VTUD 09/01/22 01:46 PM ET
People buy nomally?**
PhotoHokieNC 09/01/22 03:29 PM ET
Averaging <15k/year, over the past 6 years. Drove less during COVID years.**
Tank 09/01/22 01:53 PM ET
Most leases give you
VTUD 09/01/22 02:02 PM ET
ask Sir Mix Alot**
bigbadbird 09/01/22 01:30 PM ET
2**
HokieJamie 09/01/22 01:25 PM ET
Definitely Option 2.**
EDGEMAN 09/01/22 01:25 PM ET
1000 car**
bigbadbird 09/01/22 01:24 PM ET
option 2 - and it's not close
bigbadbird 09/01/22 01:22 PM ET
#1 Why not let them buy you a new car?
JoesterVT 09/01/22 01:21 PM ET
But he will have to insure it, and the odds of a $30K car being worth...
EDGEMAN 09/01/22 01:26 PM ET
hmm...I kinda assumed the company would handle the insurance and taxes....
JoesterVT 09/01/22 01:30 PM ET
any taxes, insurance, even repairs would be on him, and they're offering
reestuart 09/01/22 02:25 PM ET
Property taxes...that adds an additional expense.
EDGEMAN 09/01/22 01:32 PM ET
easy- i have some investment ideas to pitch on here**
bigbadbird 09/01/22 01:28 PM ET