The overall financial cost of a car has become a complex factor in our new reality. One element of this is the new measures the government has put on the table. Some employers fail to move beyond short-term thinking and only look at the vehicles' price tags. Long-term thinking and action are necessary, because they prepare you for several challenges when selecting cars. For example, cars have now also been included in cafeteria plans in an effort to better address employees' individual needs.
In itself, such a plan is a more expensive investment than giving the same benefits to everyone, but employers realise that the price of unhappy employees who may consider leaving the company is even higher. The war for talent is raging, so you need strong arguments to attract certain profiles. These are all hidden costs that are difficult to express in figures or amounts. What is certain is that a long-term vision that includes a sustainable fleet makes a big difference.
In addition, it's also important for employers to analyse a car's TCO in more detail. What are the costs before and after tax? How much tax can be deducted? What is the impact on social security contributions and other components? All those factors will affect the car's total price over time. We need to take into account a wide range of complex rules, and to make matters even more complicated, these rules tend to change from one year to the next. To respond to these changes quickly, companies need flexibility. And that just so happens to be the main advantage of leasing in such a complex situation.