{"id":3112,"date":"2017-07-10T07:00:51","date_gmt":"2017-07-10T07:00:51","guid":{"rendered":"http:\/\/mocktheorytest.com\/resources\/?p=3112"},"modified":"2019-02-05T11:20:07","modified_gmt":"2019-02-05T11:20:07","slug":"what-are-fleet-or-company-vehicles","status":"publish","type":"post","link":"https:\/\/mocktheorytest.com\/resources\/what-are-fleet-or-company-vehicles\/","title":{"rendered":"What are fleet or company vehicles?"},"content":{"rendered":"

A vehicle fleet is every type of vehicle that a company uses for its operations. It includes any cars, SUVs, vans, pickup trucks, motorbikes, lorries, buses, coaches, forklift trucks, loaders, bulldozers, farm and agricultural vehicles, trailers, towable generators, aircraft, boats and (sometimes) bicycles. Anything that can be driven on or pulled on the road is considered part of the vehicle fleet. \u00a0The vehicle fleet can be owned outright, leased or rented.<\/p>\n

There are two terms which have slightly different implied meanings, but with a lot of crossover:<\/p>\n

Company vehicle<\/em><\/strong> tends to mean a car or van that is supplied by the company for use by an employee. The employee can usually take the vehicle home and use it privately. The company pays a fringe benefits tax for its use, and it may be supplied under a novated lease or as part of a remuneration package.<\/p>\n

Fleet vehicle<\/strong><\/em> tends to mean any vehicle provided for business use but not necessarily personal use. The most famous fleet vehicles are London buses.<\/p>\n

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London’s red buses are distinctive and recognised world-wide as one of the most famous fleet vehicles<\/p><\/div>\n

Pool vehicles<\/h2>\n

Companies don’t always provide a vehicle for every staff member, but might make one available to travel on work business. These are called pool vehicles and can be booked by authorised staff members. Pool vehicles are usually kept at the company’s premises; employees arrive by their own means and are not allowed to take them home unless in very specific circumstances.<\/p>\n

Advantages of pool vehicles<\/h3>\n

Pool vehicles are especially useful:<\/p>\n