Quick Answer
Company car programs use employer-owned fleet vehicles with fuel cards and telematics. Personal car (grey fleet) programs reimburse employees via CPM or FAVR with GPS mileage substantiation — different tax, insurance, and compliance obligations apply.
Direct answer
Company car programs use employer-owned fleet vehicles with fuel cards and telematics. Personal car (grey fleet) programs reimburse employees via CPM or FAVR with GPS mileage substantiation — different tax, insurance, and compliance obligations apply.
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