21st of may 2015. company car or mobility budget? toon zijlstra dept. transport and regional...

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21st of May 2015

Company Car or Mobility Budget?

Toon ZijlstraDept. Transport and Regional EconomicsUniversity of Antwerp

Outline of this presentation

The mobility budget

Method and data

Results

Discussion and conclusions

The mobility budget

Method and data

Results

Discussion and conclusions

5

Tax benefit

Harding (2014)

Untaxed benefit in Belgium 278 euro/month

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7

Annual kilometres

34000

25000

18000Private car (all)

Private car (workers only)

Company car (workers only)

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Higher levels of car ownership

Short lifespan

Parking problems

Congestion

+ 20%

4 years

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The mobility budget

+

Other benefits

+

+

+

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Research questions

Are people willing to select a cheaper car?

Are people willing to loose their company car?

Do people appreciate the opportunities of multimodal and intermodal travel?

The mobility budget

Method and data

Results

Discussion and conclusions

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Research project considerations

Revealed preference data not availableLimited number of real-life examplesFragmented data, unique situations“Good news” showsNew law needed in Belgium for large scale

experiments or implementation of MB

Stated preference survey

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Discrete choice experiment

Fixed budget per choice situation

Annual choice

Expensive Mobility options

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Experiment design

2 budget ranges: €6 000 - €9 000 per year€9 000 - €11 000 per year

16 choice situations2 options

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Data gathering

Online questionnaire12 large companies in Belgium2200 respondents

817 target group: company car drivers with full operational lease and no personal contributionResponds rate 38%

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Company car, cat. 3; No bicycle; No PT; No extra leave; No extra wage

Company car, cat. 2Standard bicycleNo PT2 extra leave daysNo extra wage

Please select the most attractive option

Both options cost about €9000 for one year

The mobility budget

Method and data

Results

Discussion and conclusions

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Ternary plots

Public transport

Income

Others

A short introduction

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Ternary plots

Public transport

Income

Others

Elements

Here: bicycle, company car and leave days

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Ternary plots

Public transport

Income

Others

100% of the budget for extra income

100% of the budget for other elements

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Ternary plots

Public transport

Income

Others

More PT,Less income

More ‘others’,Less PT

More income,Less ‘others’

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Ternary plots

Public transport

Income

Others

Black: Relative high utility

Yellow:Relative low utility

Out of bounds

The mobility budget

Method and data

Results

Discussion and conclusions

Now for real

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Two classes

Bonus

Company car Others

Bonus

Company car Others

Class I: 2/3 of the respondents

Class II:1/3 of the respondents

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Other mobility options

Public Transport

Bicycle Others

Public Transport

Bicycle Others

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Limited popularity of Public Transport

Public Transport

Company car Others

Public Transport

Company car Others

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Bonus – Bicycle - Others

Bonus

Bicycle Others

Bonus

Bicycle Others

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Order of interest

Class ICompany CarLeave daysBonusBicyclePT

Class IIBonusLeave daysBicycleCompany carPT

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General Probabilities

Yes No

Company car 64% 36%

Bicycle 35% 65%

PT 11% 89%

Leave days 82% 18%

Bonus 38% 62%

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Multimodal probabilities

€ 7 500 € 9 000 € 10 500

CC + Bicycle 4.9% 6.1% 6.0%

CC + PT 0.0% 0.5% 0.7%

Bicycle + PT 0.0% 0.3% 0.0%

CC + Bicycle + PT 0.0% 0.0% 0.0%

The mobility budget

Method and data

Results

Discussion and conclusions

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Conclusions: Research questions

Are people willing to loose their company car?Yes, if the conditions are right

Are people willing to select a cheaper car to save money for other goals?

Not really

Do people appreciate the opportunities of multimodal and intermodal travel?

Hardly

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Toon ZijlstraUniversity of Antwerp, [email protected] // +323 265 44 74

Questions?