Company-owned vehicles are not only convenient for employees, they also provide tax write-offs and advertising opportunities for a business. When deciding what type of vehicle to purchase, it’s tempting to choose the cheapest option. However, it is better to find a balance between quality and price, especially if the vehicle has your company logo on the door.

SUV

SUVs are a great choice for company vehicles if you need space to carry tools or products. The 2021 Honda Passport has 2 rows of seats and an impressive standard interior package, including an 8-inch touch screen. It has a powerful V6 engine that will get you where you need to go quickly. This SUV also comes with lane assist technology that will alert the driver if the vehicle crosses a traffic lane. Check with your commercial auto insurance Anchorage AK to see if the safety features earn you a discount.

Compact Car

The 2021 Kia Forte has one of the lowest base prices compared to others of similar size. It is extremely efficient, getting 31 mpg in the city and 41 mpg on the highway. You will not have to sacrifice comfort in this car. The back seat is large enough for adults and the trunk is spacious. This car even comes with some safety features including automatic emergency braking.

Hybrid Vehicle

Toyota is all in when it comes to hybrid vehicles. Electric and hybrid cars are not going anywhere, and Toyota prides itself on being ahead of the curve. Toyota hybrids provide the dependability you can rely on and the fuel efficiency you would expect.

The 2021 Toyota Corolla Hybrid has one of the lowest base prices for a hybrid model and still boasts impressive features, such as collision warnings, traffic sign recognition, and steering assist. If you want an SUV, then the 2021 Toyota RAV4 Hybrid will give you plenty of cargo space. This SUV gets an impressive 41 mpg in the city. It also offers 5 USB ports.