<prompt> Human: So this wont affect me because the company gives me any car I want since Im an exec. But my CFO brought this up to me for my sales team. To start off: I treat my guys well. Im not interested in saving a few bucks for the company to make it worse for my team. Its just not how I manage my group. So heres the details:1 no more company cars2 employee must buy their own car anything they want to buy but must be reasonably nice enough to drive a customer. 3 450month plus 0.17 per mile That seems low to me. Can someone help me break this down? My guys are all over the US and drive about 30kyear. The company doesnt help with anything else. Tiresoilinsurance is all on the employee. My CFO swears the guys will make a killing. I doubt that. Hes a penny pincher. Any help would be appreciated. Edit: I Must clarify a few things I justness learned:1. they expect a minimum car of 20,0002. no one wants to drive 30k miles per year in a 4 cylinder and the company has a certain expectation that a Ford Focus is below the expectation. Also my guys drive in snow so that doesnt work. Its not being a jerk or wanting a fancy car, but if youve never been a traveling sales guy you dont realize just how important a car can be. It needs to be safe, reliable, and have pickup power for the interstate and such. 3 after 100,000 miles you must replace the car. 4 insurance over 2500year on average. Dont forget this isnt standard insurance. Its higher because the high miles we drive and liability if you hit someone etc. you need to be covered. Edit 2: most people are saying my car payment is 450. This pays it. Good deal. Please there is more to consider. Insurance alone is about 2500-3000year for these guys. So if your note is 450 youre already losing on that end. Thanks. Edit 3: so I had my buddy run the numbers. A 20,000 car is a net loss of almost 200 month long term, and even higher for more expensive cars. He ran them at 4, 4.5 and 5 interest which almost no one here calculated. No one included the cost of maintence oil changes, fluid swaps etc. Most people just said I have a 20k car and my car payment is 400 so you make money win! Im really glad he ran these numbers. The excel sheet is amazing. It allows you to change everything from gas price, miles per gallon, oil change costs, tire cost etc. point being, please when these decisions come up, account for EVERYTHING. Few people here even mentioned hey what about a flat tire! Be smart with your finances boys! Also, people telling me to pay my guys less, not give them a car, remove benefits etc. thats not how it works in a professional setting. If you want good guys you pay them well. Anyone who thinks the customer is the most important thing in the world is crazy. Happy employees work harder, produce better, stay longer and a whole slew of other options. I manage my team as people first. When your goals align with the company goals both your employees and your company make money. Many Thanks for all the help!  <response>: employee must buy their own car drive 30k miles per year after 100,000 miles you must replace the car Thats a really heinous combination. Three year old cars with 100,000 miles on them dont have a whole lot of resale value.In order to have any chance of making a killing, the company would have to be paying employees about 20kyear to source, maintain, and operate their own car. Rough breakdown: Car loan: 10kyear - perpetually. As soon as it is paid off, they need to buy another new car. Gas: 6kyear Insurance 3kyear Tires, oil changes, brakes, and other maintenance costs: 1kyearIn a scenario like that, employees could possibly make an extra 5k to 10k every three years by selling their old car. But they would probably be rolling that over into the purchase price of a new car anyway.If the company is trying to only pay 10,500year, theyre asking employees to eat about half the cost. Thats a big win for the company but a big loss for each employee. 450month plus 0.50mile would be a lot more reasonable.That said, Ive never met a CFO who would propose making changes that were financially disadvantageous for the company. Have you asked how much the sales department is spending per employee per year on cars under the existing arrangement?x200B;x200B; 