Whether a company car is worth it or not depends on a number of factors. The two most important factors influencing the calculations are the vehicle price and the number of personal kilometres. Companies can deduct up to $34,000 of regular car value and minimize taxable benefits for employees when company cars are used primarily for business purposes. In addition, corporations can further optimize their costs through centralized fleet management and achieve economies of scale when buying or leasing company cars in bulk in their name.