Company Car or Car Allowance? – poll results
Which is best for your medical sales job: a company car or car allowance?
Recently, I asked my medical sales rep readers to vote on which they’d prefer from their employer: a company car, or a car allowance. Here are the results:
Company Car or Car Allowance – which do you prefer?
Company Car – it’s the best! 46%
I like to pick my own ride – Allowance is best! 27%
Company Car? – I just need a job! 14%
Mileage pays the most! 13%
I have to say, I agree with you. (Most of you.) In my view, a company car is always the best financial option for the healthcare sales rep. Why? Less stress. You’re not affected if insurance premiums increase, gas prices go up, or the tires blow out…let alone big maintenance. Or tax issues. You just get in the car and go, concentrating on what matters most in medical sales: closing the deal.
On the other hand, there are negatives: the company vehicle may not fit your other lifestyle, you may prefer another type of ride (instead of a Ford Focus), or you might not like the fact that if you lose your job, you lose your ride, too…
There are plenty of issues to consider, but many ways to think about it and no right answer for everyone.
Written by Peggy McKee - the medical sales recruiter
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