(English) Vehicle Reimbursement Programs Can Offer More Options Than You Might Think

AMHERST, N.Y., May 15, 2020 /PRNewswire/ — At first blush, FAVR programs can appear to be simple. «F» is for fixed costs for business use of employee-owned vehicles, for example insurance and licensing. «V» is for variable expenses such as the relative cost of living in a given geographical region and fluctuating gas prices, which have been remarkable in the past few months.