[Snave]

My old company turned them over around 65K or 70K. I am in a different industry now, but those that take the company car with my current company turn it over about every 75K. Again, they probably are buying these in such bulk that they are getting them for next to nothing. I know my old company ended up pulling Ford (not sure which manufacturer, but think it was Ford) from our choices one year b/c Ford pulled the contract. Ford was loosing money on Fleet vehicles b/c they were selling them for less than it cost to produce them. Again, I think they basically give them away at cost and in some instances below cost. Remember, it is advertising for them to have so many Ford's on the road. It looks good for their market share, etc... So, the company buys the company car at $13,000 - $14,000 new (and we are talking about Ford Tauras, Pontiac Grand Prix, etc.... It is driven for 2-3 years and then fleet re-sells it for 8-9,000. So, it costs about $5000 to have the sales person in that car for 3 years. Plus, there is low maintainance in that time, so that way they can avoid those costs. If they keep them longer, they risk the car depreciating more and the maintainance going up. So, after a certain mileage and year, the maintainance and depreciation cost the company more money.