CFC Solutions warns fuel could
overtake depreciation as the highest cost of running a company car
within five years. Petrol and diesel prices have risen by roughly
50% in the past five years and this trend looks set to
continue.
Currently, depreciation is the
most expensive cost for a typical 2.0 litre upper medium petrol
company car at around 25p a mile, with fuel costs about 16p. CFC
Solutions says this could lead to a big change in fleet
economics.