Allowance for me
Allowance for me
Good stuff so far but still lacking numbers from those that are offered allowances...
All I get is an allowance, 400.00 per month to do with as I see fit.
I wouldn’t go for less than $600 on an allowance in my position. Would require a crew cab 4wd truck
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**2008 & 2009 Bream World Champion**
Genesis 27:3
isn't an allowance taxable as income?
I’d somewhat disagree with Allowance being a benefit if losing your job comes into play.
Id think the smartest thing would be to have a company provided vehicle, enjoy the benefits of it, but also have a reliable paid off personal vehicle. If you lose your job you’re not continuing to pay for a vehicle that was needed for a job you no longer have.
Last edited by Duck cutter; 07-18-2019 at 08:59 AM.
I drive a company car. My wife can also drive it. I can pick from 8-10 choices and get one Every 2 years or 70k miles. None of them being what I would personally buy which is the only downside. I pay $180/mo pretax and do not pay for anything else. Can use it whenever I want.
I think if you are driving a lot a company car makes the most sense. If my car catches on fire it wont matter and I will have a new one tomorrow with no out of pocket cost. Hit a deer the other night, busted the bumper all up and I don’t even worry about it. I also wont get hit with the rapid depreciation of a vehicle that has high mileage.
I know some others that get an allowance and it ranges from $450-$700/mo plus variable mileage reimbursements but they cover all insurance, fuel, and maintenance.
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