How much is a company car worth?

On average, a company car is worth $8,500 a year. This figure is with the assumption that the employee does not have to pay any expenses for any fuel, insurance, repair, or maintenance. If an employee is responsible for any of those expenses, they should deduct that cost from the original figure.

The worth of a company car can vary greatly, depending on the cost of these additional expenses along with the cost of the actual car. There are some businesses that strive for an extremely streamlined luxurious view for their company, and their cars reflect that. This would obviously make their car worth more than the average company car.