Company Car Vs. Car Allowance: Which Is Right for You?

Many companies, especially those that require employees to travel long distances by car, will offer employees two options: a company car or a car allowance. Both provide pros and cons for the company and for the employee. As an employee it is important that you consider your particular circumstances while weighing the pros and cons of each option. Here are some things you consider when trying to determine if a company car or a car allowance will be right for you.