This system is overall so nice for everyone involved.

Middle earners drive new cars. Those cars are regularly i spected and repaired. Then sold. Obviously your milage might vary (some sales representatives drive a lot every day), but often those cars are nice.

Cars coming back from lwasing, if bought with a new warranty, are great value. Especially after Covid, those 2020/2021 model years tend to have incredible low millage.

For the same reason, it's also nice for top earners with a healthy attitude towards cars.

In Belgium and Luxembourg, it's considered as taxable benefit and the amount is based on the type of car.

You usually end up paying 200-300 €/month as tax directly deduced from your salary but for that amount you have a new car with all the servicing included, even tires.

A few years ago, it was part of the standard salary package for many companies in IT so you weren't really without a car when leaving.

Some places where strict on the kind of car you can have (small cars for junior, Mercedes for management) but other places just provided you with a monthly budget so you could get whatever you want. You could also pay the difference to have a better car.