Increase In Car Allowance | ** An Anonymous Journal **

Tuesday, February 02, 2010

Increase In Car Allowance

My sister told me that she plans to purchase a new car. Her car now is already beyond economical repair and since she has to drive quite a distance to work, she is afraid that it may break down in the middle of the road. On top of this, she just received a memo last evening that the company is relocating their warehouse because they can no longer meet the high rental.

A warehouse with a lower rental means that my sister and her colleagues will have to drive even further to work. Obviously, this worries my sister because of the condition of her car. Although she has contemplated buying a car since six months ago, this turn of event has pushed her to act on it.

According to my sister, her employer has promised to increase their Car Allowance which is good news to them. At least my sister will have a larger budget to maneuver every month and it would make it easier for her to meet the monthly installments on the new auto loan. Did you know that car allowance is tax free?

Anyway, my sister said that this reassurance has calmed the situation among her colleagues. My sister doesn’t mind so much since she loves driving but she certainly needs a more reliable car!

*** This post has been sponsored.

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