CarData

Parts Distributor Realizes 25% Overall Cost Savings with CarData Vehicle Reimbursement Program Compared to Company Car Lease program

The CEO of an industrial parts distribution company, with branches located around the U.S., carefully evaluated the options when it was time for them to drop their company mileage reimbursement policy. His research included benchmarking CarData against competitors as well as large fleet leasing companies. Fast-forward eight years, and you’ll […]

Chemical Company Differentiates Their Business & Rewards Employees with CarData Vehicle Reimbursement Plan

Vehicle Choice & Equity Leveraged as Recruiting & Retention Incentives For the sales engineers of a national chemical company, onsite customer visits look different from what you might think of as a traditional sales call. “We have ‘blue collar’ sales engineers,” says the Chief Sales Officer. “Many of our people […]

6 Options for Your Company Car Program: The Pros and Cons of Each

Every time the fiscal year or tax year ends, executive attention turns to expenses. Many organizations recognize that their fleet vehicle or company car program is one area where there’s opportunity for reducing operational costs or taxes, maybe both. New companies or companies considering adding a vehicle reimbursement program (VRP) […]

Significant IRS Standard Rate Changes for 2019 – CarData Reviews Trends

The IRS Standard Mileage Rate and FAVR plan maximum vehicle costs, are published annually in IRS Rev Procedure 2010-51 Notice 2018-03. 2019 IRS STANDARD MILEAGE RATE Effective January 1 2019, the IRS Standard Mileage Rate for 2019 is up 3.5 cents to 58 cents per mile. The standard mileage rate […]