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January 25, 2013

Why Your Next Company Car Should Be a Porsche

I read an interesting article in Business Week last week about how in Germany, many company cars are Porsches. German telecom owns 38,000 vehicles for their employees. 85% of high end cars in Germany are registered to companies. In the US, the number is fewer than 20%.  German tax rules have made this possible. Employees there would never buy this car for themselves, but having a Porsche for work seems to be prized and proud perk.

Perhaps the US should change its rules for small business owners?

3 Responses to “Why Your Next Company Car Should Be a Porsche”

1. Why Your Next Company Car Should Be a Porsche « Small-Business.BlogNotions - Thoughts from Industry Experts says:

   January 27, 2013 at 11:08 pm

   [...] Read Original Post [...]

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2. Neil Wechsler says:

   January 29, 2013 at 10:54 am

   I do not see where this essay addresses the question in the title. Rather than telling us why our next company car should be a Porsche it implies that the U.S. Government should subsidize the acquisition of Porsches by small businesses. Do you actually hold that opinion?

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3. Barry Moltz says:

   January 29, 2013 at 11:49 am

   Thanks for the comment…my point is that we can use a fancy car as a great perk for a valued employee

   Reply