What is a Grey Fleet?
Grey Fleet is a term that describes private vehicles that are used for business journeys. These journeys may be short and infrequent, or regular trips that cover thousands of corporate miles annually. In each case, although the vehicle belongs to the employee (through purchase or a funding option such as leasing) the employer remains responsible for the safety of the employee, and the public, when that vehicle is used for business.
It is estimated that there are 70 million Grey Fleet cars, costing employers around €91 billion a year in the biggest European markets*. Sometimes seen as an inferior fleet and as such often neglected by businesses, but through clear identification and proper management of Grey Fleet, cost savings can be made and advances towards a more sustainable fleet can be achieved.
Here we cover off what a Grey Fleet is, what the associated corporate responsibilities are and provide advice on how to manage a Grey Fleet.
What are my Grey Fleet responsibilities?
If an employee is driving for business, the employer has a legal obligation to check the employee is properly licensed to drive and that the vehicle being driven is roadworthy (taxed, MOT’d and insured for business cover).
A Grey Fleet driver policy is essential for businesses that have employees that drive their personal cars for work reasons.