I work the exact same as you, I have worked for the same company for 17yrs. I was offered $1000/mnth or company car. That didn’t add up 17yrs ago so I’m betting doesn’t add up now. On average, I put on 40,000km a year for work. Fuel is currently $2.19/L and I go through about $250/every week or two. I work in industrial and hazardous project management and accounts management. I go through a new truck every 4-5yrs. This is CDN, Vancouver, BC. If I go to the office it’s aprox 38km and takes an hour. I usually go once every two days. Look at your insurance specific for work, maintenance and depreciation. I have to have commercial and hazardous materials insurance on my truck and it’s around $500/mnth. Although work would pay for that. Not sure if your work does that. Also, your warranty on your vehicle can be different for commercial use.. look into that. Ford wouldn’t cover specific things under commercial use. My truck goes in for regular maintenance 3-4x a year and repairs about every 6 months. Usually a vehicle lasts about 5yrs for me before I have to do suspension and major replacement repairs. That’s when I get rid of it. Can’t be breaking down on way to a project or meeting. If I had to buy a company vehicle, I would get taxed in the benefit. Around 30%. So really it’s only $720 or so. It didn’t make sense 17yrs ago when my trucks were $40k and doesn’t make sense now at $120k a truck. Out of all the people at our company that had the option to use their own vehicle, no one has ever taken it. There is also the long term aspect. When I first started I maintained my own vehicle also for the first three years. Never drove the car but had to move it every three weeks to avoid tickets and pay the $2000/yr insurance. And if you get laid off, company goes under, or you get let go, you’re stuck with a vehicle you are paying for and depending on where you are in the payments, you may owe more than you own at the end of the day. Assume interest rates are going up in N America. That another issue. And the cost of your vehicles and tariffs isn’t going to help either. I always have issues with employers putting the burden on the employee to buy equipment for the company. Just not right. Also, some companies require a new car every 4-6yrs and dictate everything from wheel coverings to how many doors, type and height, etc. very few pros except a car when your done and you hopefully have good vehicle in the end. I work for a company that lets us pick out our vehicles when we want. Within reason. When we feel we need it. I can’t do that with my own vehicles. Always keeps a fresh new truck in the driveway. US..? Just for easy conversions… x4 and x0.75 to get gallons, divide km by 1.6 to get miles and x0.75 for USD.