Q Our group of companies is reviewing
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the comparative costs of operating cars on company business alternatively by outright purchase, leasing or making allowances for employees using their own vehicles. Are there any publications making such a comparison?
AQuite apart from the respective merits
of company ownership, leasing or hiring from employees, it will be necessary to agree as to the basic cost of operating cars in their various size categories. Information is available in detail in Table 9 of the new edition of COMMERCIAL MOTOR Tables of Operating Costs, obtainable from George Newnes Ltd., Tower House, Southampton Street, London, WC2, at 7s, postage paid.
As to the respective merits of the three methods of acquiring cars for company business and the use made of such methods, a comprehensive report was carried out by the Tack Organisation, Tack House, Long Moore Street, London, SW1, from whom it is obtainable. price £6 6s.
In May the British Institute of Management published its Information Summary 129 Hiring and Owning Company Cars which also deals with this subject comprehensively. However, it is available free to BIM collective subscribers only from BIM headquarters at Management House, 80 Fetter Lane, London, EC4.