Company cars can be a real bargain if you are looking for a cheap car. However, there are some details to consider.
1. Company cars: what is it?
Company cars are all those cars already registered and registered previously to a company, a company or a VAT number. Sometimes they can also be owned by a dealership.
The use that has been made of it is therefore linked to the working needs of this or that company. On average these are vehicles that have traveled around 20,000 km , even if there are exceptions.
The company machines are generally purchased by the companies or by the dealers, often in the presence of tax deductions, to then be put back on sale at a distance ranging from 6 months to 2 years from the registration date. The main reason lies in the fact that companies prefer to have cars that are up-to-date and well-equipped to ensure greater comfort even according to their needs.
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2. Is it worthwhile to buy company cars? Advantages and disadvantages
Buying company cars obviously has a number of advantages over new cars . The most relevant aspect is certainly the economic one.
The purchase price allows you to have a great savings compared to new cars for a vehicle that is still quite young, considering that cars of this type have between 6 months and 2 years of age.
The estimated savings for the purchase of company cars is around 30-40% compared to the list price.
It should also be said that the companies are prompt delivery vehicles immediately available for use. They are also well equipped, with numerous accessories and options also for driving over long distances.
- Mileage: this depends on the needs of the owner. Some of these vehicles are used by employees to make long journeys, such as in the case of sales representatives or agents. Others, often owned by dealers, are used for short test runs or small commissions.
- Use: not all companies have the same needs, so the type of use of company machines can vary significantly. For example, the car may be driven by different people, with equally diverse driving styles, which will affect the condition of the car.
- Wear: Not being owned by a private individual, it is not a given that maintenance of a company car is done regularly and with care.
- Guarantee: as with all goods purchased by dealers or companies in the course of their business activities, you are always entitled to a legal guarantee of conformity. However, the duration may be shorter than that of a new car.