Company Cars?

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To post 31. Your thinking is so obviously distorted and grossly full of superiority, it's scary. People who think like you, make great followers. You are easily led, due to your narrow minded, myopic views. Haters of all kinds seek out people as judgemental as you, because your thinking is warped and limited. You are a corporate droid, likely young and impressionable. If you're older, go get some training in reality 101 or join the sick professor down in Florida, who by the way, today lost his job for saying a similarly ignorant thing. Get help.
 
From now on RS is just Mr Rape Eyes. Lol. Makes me laugh every time. It's funny because it's so accurate. Then if a guy comes up to talk he's just void of all expression. ST as well. Like the guys here are competition for them. Just hilarious.
 
anonymous said:
You are right and wrong, in compliance you're good. Out of compliance, you still get mileage plus you get car allowance. End of year you're allowance is added to your total gross of income and taxed. But I understand what your post meant
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So if I'm understanding this correctly, I can still roll in my paid-for car, get mileage reimbursement AND also get the allowance? The 'penalty' for being out of compliance would be that my car allowance would be taxed as income? And, it is NOT taxed if I'm in compliance?
 
anonymous said:
So if I'm understanding this correctly, I can still roll in my paid-for car, get mileage reimbursement AND also get the allowance? The 'penalty' for being out of compliance would be that my car allowance would be taxed as income? And, it is NOT taxed if I'm in compliance?
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Correct, that’s what our ABM said to us awhile back
 
Wrong. Out of compliance gets you no car allowance. Currently for just the first year they are getting a partial 1/3 allowance. Next year will cost those with large geographies since we will have to see drs 12 times per qtr. Waste of time and will wear out car faster. Too much mileage for lease. Needs to be addressed but the aholes at top don't care. Too busy running after the company ho's.
 
The troll was very busy at 5 am this morning. Lol. I find it hard to believe the company can sleaze away from not paying the standard rate if they are not giving a car allowance. Pretty sure they have to even though they don’t think they do. Why would they worry themselves with legal things though? They’ve always done so well in the past in those regards
 
anonymous said:
Wrong. Out of compliance gets you no car allowance. Currently for just the first year they are getting a partial 1/3 allowance. Next year will cost those with large geographies since we will have to see drs 12 times per qtr. Waste of time and will wear out car faster. Too much mileage for lease. Needs to be addressed but the aholes at top don't care. Too busy running after the company ho's.
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maintaining reliable paid-for car plus mileage reimbursement is less of a money loser than losing you butt on 3-4 year old "new" car selling/trading with high miles.
 
It's a financial loss for a CL having to buy a new car every 3-4 years to stay in compliance. Most territories are too large to make a lease feasible. We pile on miles and the car depreciates fast. The best advice is to pay more than you owe each month, don't buy more than you need, or like AP said just keep an older car and only get the mileage if the car I see paid off. You can write off the depreciation and other things like maintenance on your taxes. It's not the best deal, that's for sure.
 
Well said AP. Lots of things make working here unlike any other pharma Co and it ain't all rainbows and unicorns. Corporate has hit a new low. It's gonna be a mass exodus come first of the year and that's a good thing. Next bunch a hires will get 10 speeds and jitterbug cell phone, while covering 3 states in the East and the entire West Coast., other side of the Rockies. Midwest. You're screwed too. You'll get a moose and snow shoes, no phones, just smoke signals you can communicate to large geographic areas that way. Blah hA hA ha ha. ROFLOL
 


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