21st of May 2015 Company Car or Mobility Budget? Toon Zijlstra Dept. Transport and Regional Economics University 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 Tax benefit Untaxed benefit in Belgium 278 euro/month Harding (2014) 5 6 Annual kilometres Private car (all) 18000 Private car (workers only) Company car (workers only) 7 25000 34000 + 20% Higher levels of car ownership Short lifespan 4 years Parking problems Congestion 8 The mobility budget + + + Other benefits + 9 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? 10 The mobility budget Method and data Results Discussion and conclusions Research project considerations Revealed preference data not available Limited number of real-life examples Fragmented data, unique situations “Good news” shows New law needed in Belgium for large scale experiments or implementation of MB Stated preference survey 12 Discrete choice experiment Fixed budget per choice situation Annual choice Expensive Mobility options 13 14 Experiment design 2 budget ranges: €6 000 - €9 000 per year €9 000 - €11 000 per year 16 choice situations 2 options 15 Data gathering Online questionnaire 12 large companies in Belgium 2200 respondents 817 target group: company car drivers with full operational lease and no personal contribution Responds rate 38% 16 Both options cost about €9000 for one year Company car, cat. 3; No bicycle; No PT; No extra leave; No extra wage 17 Company car, cat. 2 Standard bicycle No PT 2 extra leave days No extra wage The mobility budget Method and data Results Discussion and conclusions Ternary plots Income Public transport 19 Others Ternary plots Income Elements Public transport Others Here: bicycle, company car and leave days 20 Ternary plots Income 100% of the budget for extra income 100% of the budget for other elements Public transport 21 Others Ternary plots Income More PT, Less income More income, Less ‘others’ Others Public transport More ‘others’, Less PT 22 Ternary plots Black: Relative high utility Income Out of bounds Public transport 23 Others Yellow: Relative low utility The mobility budget Method and data Results Discussion and conclusions Two classes Class I: 2/3 of the respondents Class II: 1/3 of the respondents Bonus Company car 25 Bonus Others Company car Others Other mobility options Public Transport Bicycle 26 Public Transport Others Bicycle Others Limited popularity of Public Transport Public Transport Company car 27 Public Transport Others Company car Others Bonus – Bicycle - Others Bonus Bicycle 28 Bonus Others Bicycle Others Order of interest Class I Company Car Leave days Bonus Bicycle PT 29 Class II Bonus Leave days Bicycle Company car PT General Probabilities 30 Yes No Company car 64% 36% Bicycle 35% 65% PT 11% 89% Leave days 82% 18% Bonus 38% 62% Multimodal probabilities 31 € 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 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 33 Questions? Toon Zijlstra University of Antwerp, Belgium [email protected] // +323 265 44 74 34
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