A company car is a vehicle provided by an employer for employees to use for work-related purposes. This arrangement can include driving to meetings, visiting clients, or running errands. The company typically covers expenses such as maintenance, insurance, and fuel, making it a convenient option for employees. In many cases, employees may also use the company car for personal use, but this can vary by company policy. The value of the car may be considered a taxable benefit, impacting the employee's income tax. Overall, a company car can enhance job satisfaction and mobility for employees.