Not even need to think twice for me.. I would take $$$$

even the company car is BMW 7xx ... or made of gold or diamond embedded... or whatever... which will never be mine..
It is hard to believe for me (so good)... 1000/month + gas +possibly oil change...
I am sure I don't need 32k car..... not even a new car... I am happy to put extra $ into my pocket with my own car...
If you insist on comparing buying 32k car (at 18 MGP for new) with company car.. it depends on lotz of there factor... if you left the company, u have to feed ur thirsty car.. with lotz of depreciation... May need second car if you have family 'cuz in my view, those SUV never become a daily use except your home is about 50 miles off-road drive from high way.....
Anyway.. if your job really REALLY demand SUV and lotz of driving (30k miles/year).. Company car may be good for you...
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"A penny saved is a penny earned." --- Benjamin Franklin