If you work for a company, you will notice that key company officials have the right to use the company executive’s car as part of the perks that match their position in the company.
Some manage the company’s car pool with a fleet of cars and drivers while others are purchased by companies for their executives. Today, most companies outsource their executive cars from well-known limousine rental companies.
This is often the most cost-effective solution as the company only pays for each car as it is rented for the short time it takes.
A little history
The term “executive car” began in the 60’s to refer to a company-purchased car that was meant to serve the road travel needs of the company’s management people. Ford was one of the early automakers to specifically create cars aimed at the corporate crowd like Cortina.
His 1600 Mk3 became somewhat of a cult classic among 60s and 70s executives combining performance and relative luxury. The Granada series took over in the late 70’s to 80’s.
In general, this company’s car is a standard 4-door sedan with comfort and facilities that match your position in the company. Early executive cars were basically your family sedan but offered with higher engine displacement and more comfortable amenities.
Therefore, while the family salon car will have a gasoline engine of 1.4 to 2.4 liters, the partner executive car will have a displacement of 2.0 to 3.5 liters. Depending on the perks defined for the management position, you can own a fleet of luxury cars up to full-size limousines.
Today, executive cars are luxury sedans that range from entry-level models to high-end models and come from car brands known to specialize in luxury cars – BMW, Volvo, Lexus and Mercedes Benz. The rise of luxury SUVs has prompted American companies to turn to Cadillac Escalades, Ford Expeditions and Lincoln Navigators.
Imported SUVs from BMW, Lexus, Range Rover, and Mercedes Benz are also popular.
Almost all limousine rental companies have most of these brands. Astute corporate purchasing officers tasked with finding the most cost-effective road travel solutions for their executives often accredit rental companies that have the limousine brand to suit their needs.
No need to buy when road trips for many executives are infrequent because they work from home or all day in the office. For these executives, a rental executive car makes more business sense.