Owning a company car or even a whole fleet might seem appealing: full control, always available, and convenient for your business. But many companies only realize later that the real costs often remain hidden. Here are 5 hidden costs of a company car that are often underestimated – and how you can avoid them.
Even a company car often sits unused: holidays, sick leave, project breaks, or seasonal fluctuations.
Hidden costs:
Leasing or depreciation
Insurance & taxes
Parking fees
Managing company cars is complex: contracts, damage claims, invoices, tire changes, replacement vehicles, mileage tracking…
Hidden costs:
Internal staff time
External service providers
Mistakes due to lack of expertise
Service intervals can be planned, repairs cannot. An unplanned visit to the workshop often means:
Vehicle downtime
Replacement mobility
Project delays
Hidden costs: Productivity losses are often more expensive than the repair itself.
What will your company car be worth after 3–4 years? Market, mileage, condition, and demand heavily affect the price.
Hidden costs:
Depreciation
Time spent on selling or returning the vehicle
Price negotiations & uncertainty
Your business grows – or shrinks – quickly? A fixed fleet adapts only slowly.
Hidden costs:
Too many cars in quiet periods
Too few cars during peak demand
Missed business opportunities
With Enterprise Rent-A-Car, you can avoid these hidden costs:
Discover the solution that fits your business: Get a free consultation with Enterprise Rent-A-Car and reduce costs while staying flexible.
Book your appointment online now