Quote:
Originally Posted by JSH
You want a minivan and $500 a month will just about pay for the Sienna. Why not let your company buy you a minivan. (Of course that assumes you are going to be working for this company and getting a car stipend for 8 years - I'm assuming you are going to max the loan term as you like using other people's money) Also - as I understand it gas is free but you pay for electricity out of pocket even when travelling for work.
|
I need to clarify further; if I choose "on menu", I pay $100/mo to allow myself and wife to drive the vehicle for personal travel. It includes a gas card for unlimited fuel on the company dime. Nobody else is permitted to drive the vehicle, including baby sitters or parents.
If I choose to purchase my own vehicle, I get reimbursed ~$500/mo for whatever I choose. Must not be more than 4 years old. No gas card, but business miles are reimbursed at 25 cents/mile. I'm responsible for all expenses, but that means others can drive the vehicle.
Extra info; if I buy an EV "on menu", home charging is not reimbursed, but business travel would be on the corporate credit card when using DCFC. Getting the stipend provides me the incentive to choose efficiency since I pocket the savings.
The questions then is, Toyota Sienna or Pacifica hybrid?