The grey fleet is a ticking time bomb for many organisations. Many have little or no control over their grey fleet, those privately-owned vehicles used by employees while ‘at work’. And worst still, many grey fleets are larger than many assume, having grown as a result of eligible employees taking ‘cash’ rather than a company car. This was at a time when historically they were being taxed unfairly for a perk car. All that has long changed, especially with attractive BIK rates for low CO2 emission vehicles, of which there is now an abundant choice, but many employees have still stuck with cash. Such a scenario is all well and good, as long as the vehicles they drive are ‘fit for the purpose’, roadworthy, properly maintained, taxed and insured, which is not always the case.

Click here to read the Essential Guide to Grey Fleet Management