“Grey Fleet” is any vehicle driven by an employee on company business not provided by the company.
A company’s grey fleet will embrace everything from your employees’ private vehicles to those that are funded by a cash allowance or other personal finance scheme.
Paying a fixed mileage allowance to an employee for use of their private vehicle may be seen as a convenient, cost-effective and flexible option for many businesses. Particularly if the business use is only occasional.
However, operating private cars on company business does not relieve employers of their Duty of Care responsibilities. This requires employers to make sure, for instance, that the vehicles are fit for purpose, roadworthy and have the correct business insurance in place for every journey.
Managing these private vehicles for business use can be time consuming and administratively intensive.
To alleviate these necessary but vital chores, CBVC Vehicle Management has an effective range of tools to help you efficiently manage your grey fleet online, ensuring that vehicles are:
- Insured with appropriate business cover
- Operate with valid MOTs
In addition, our online tools will make sure that your drivers are eligible to drive the relevant vehicles and would provide a clear audit trail, which you could provide to the Health and Safety Executive in the event of an incident.
Having an effective fleet policy for private cars used for business purposes is just as vital as your fleet policy for your company’s own vehicles.
Call us on 0330 822 4500 if you would like to discuss managing your grey fleet with us.