Many Dutch entrepreneurs consider having a company car as the next step in professionalizing their business. Nothing looks more sophisticated than rolling up to your clients in your own modern vehicle. But that desire is often not fulfilled because of several practicalities, ranging from significant costs for your business to simply not knowing where to park around your office. Meanwhile modern shared platforms often have you driving around with someone else’s advertisements. There is another way, as car-rental startup UFODRIVE proves.
Company cars: do you buy, lease, rent or share?
When you are considering a company car, there are several options to explore. Owning or leasing a car can be the preferred option. However, it requires a long-term commitment. There will be significant costs, even if the car is not being used. And on top of the depreciation and fuel costs, you’ll have to find – and pay for – your own parking. Good luck if your business is located anywhere in the centre of a Dutch city.