Croner Reward offer an online tool to quickly calculate the cash or salary equivalent value of a company car.
Although the company car is still a popular perk, many organisations are weighing up the option of a cash alternative
for some of their staff groups, especially those with status cars, or offering a cash alternative as part of a flexible
Our tool quickly calculates the salary equivalent that the employee would need if they were to purchase and run the
model of car which the company currently provides.
The calculations take into account standing charges including insurance, loss of interest, excise duty and depreciation,
running costs, tax liability and the value of free fuel for private mileage if applicable.
If you want to find the salary equivalent of a specific individual car, or if you want to establish some average values
to inform a policy on a flexible company car benefit, then this tool is for you.
If you already have a subscription then log on below and start your cash for car calculations.
If you are new to this site and would like to purchase a subscription for as little as £150 then please call a
member of our customer service team on 0844 728 0103 . Subscriptions can be set up for use from 3 to 12 months, or
for a specific number of calculations.
If you would like a demonstration of this calculator please call a member of our customer service team on 0844 728 0103.