Company Car plug in hybrid
Options
Hagar_uk
Posts: 274 Forumite
Hi, I was just curious if anyone here has a plug in hybrid as company car and how that works with electrical costs.
My work place has fleet of people on the road. And with tax and green issues the company and employees are looking at plugins. Only problem is proposed method seems barmy, I think due no one having a better plan.
The proposed plan is company will pay may be a halfof the extra cost of the lease payments over standard petrol car With employees paying the rest. Cost of charger install and electricity to be paid by employee. Currently fuel is paid on company credit card and employee pays there share based on private mileage, and this would not change
So the only way it becomes viable is to have a plug in, but never charge it. Crazy
My work place has fleet of people on the road. And with tax and green issues the company and employees are looking at plugins. Only problem is proposed method seems barmy, I think due no one having a better plan.
The proposed plan is company will pay may be a halfof the extra cost of the lease payments over standard petrol car With employees paying the rest. Cost of charger install and electricity to be paid by employee. Currently fuel is paid on company credit card and employee pays there share based on private mileage, and this would not change
So the only way it becomes viable is to have a plug in, but never charge it. Crazy
0
Comments
-
Hagar_uk said:So the only way it becomes viable is to have a plug in, but never charge it. Crazy0
-
Hagar_uk said:Hi, I was just curious if anyone here has a plug in hybrid as company car and how that works with electrical costs.
My work place has fleet of people on the road. And with tax and green issues the company and employees are looking at plugins. Only problem is proposed method seems barmy, I think due no one having a better plan.
The proposed plan is company will pay may be a halfof the extra cost of the lease payments over standard petrol car With employees paying the rest. Cost of charger install and electricity to be paid by employee. Currently fuel is paid on company credit card and employee pays there share based on private mileage, and this would not change
So the only way it becomes viable is to have a plug in, but never charge it. Crazy
Have you checked to see how many local charging points there are around where you live (or work)? Some of the supermarkets offer free charging while you shop to encourage shoppers.
This website contains a lot of useful info: https://www.zap-map.com/charge-points/charging-home/Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!0 -
On the plus side our office has installed chargers, downside that is nearly 90 minutes away, and I rarely go there. Other days I travel to random sites in my local area lol Cornwall to Yorkshire. Charging else where not possible really. Luckily my house has a drive with breakerboad right next to front door, so would be very easy to fit a charger. But if I pay for it and the power, the money saving aspect evaporates0
-
I suspect the company is more interested in being able to make claims about their 'green credentials' than in the additional cost to their employees.
1 -
Marcon said:Hagar_uk said:Hi, I was just curious if anyone here has a plug in hybrid as company car and how that works with electrical costs.
My work place has fleet of people on the road. And with tax and green issues the company and employees are looking at plugins. Only problem is proposed method seems barmy, I think due no one having a better plan.
The proposed plan is company will pay may be a halfof the extra cost of the lease payments over standard petrol car With employees paying the rest. Cost of charger install and electricity to be paid by employee. Currently fuel is paid on company credit card and employee pays there share based on private mileage, and this would not change
So the only way it becomes viable is to have a plug in, but never charge it. Crazy
Ultimately OP I agree with the last poster. I imagine your employer doesn't really care about the logistics, not the actual environmentally friendly factor. All they care about is ticking a box to say they've done it.1 -
Hagar_uk said:On the plus side our office has installed chargers, downside that is nearly 90 minutes away, and I rarely go there. Other days I travel to random sites in my local area lol Cornwall to Yorkshire. Charging else where not possible really. Luckily my house has a drive with breakerboad right next to front door, so would be very easy to fit a charger. But if I pay for it and the power, the money saving aspect evaporates0
-
I'm guessing that part of the employers thinking may be that having a charger installed at your home is something which potentially benefits you beyond the period you work for them or have th company cr - for instance, it may add a bit of value to the house, be something you can use with other vehicles etc.
That said, you could propose that they cover the upfront cost (or a proportion of it) on the basis that it it repayable on a pro-rata'd basis if you leave their employment within the next (say) 2 years. Do you know what the cost of installing a charger might be?
You could also ask for clarification about claiming business mileage - it may be that they think it's too complex to pay for charging and work out what proportion is for business use - maybe a system of a fixed payment for business mileage would be the answer moving forward - it sounds as though the current system actively disincentivises you from using the car as an electric one . It would help if you were able to offer an alternative to them rather than simply criticizing the current suggtion, thoughAll posts are my personal opinion, not formal advice Always get proper, professional advice (particularly about anything legal!)0
Categories
- All Categories
- 343.3K Banking & Borrowing
- 250.1K Reduce Debt & Boost Income
- 449.7K Spending & Discounts
- 235.3K Work, Benefits & Business
- 608.1K Mortgages, Homes & Bills
- 173.1K Life & Family
- 248K Travel & Transport
- 1.5M Hobbies & Leisure
- 15.9K Discuss & Feedback
- 15.1K Coronavirus Support Boards