Eight out of 10 businesses do not restrict the age of private vehicles used for work, a survey suggests.

The ALD Automotive/YouGov survey of UK financial directors reveals that more than 80% of UK businesses employing over 1,000 staff have no restrictions in place regarding the age of private vehicles employees use for business purposes – the so-called grey fleet.

There are an estimated four million employees using private vehicles for work and consequently businesses need to ensure that they have an effective strategy for the management of the grey fleet with particular focus on three key fleet policy areas: financial efficiency, health and safety and environmental sustainability, says ALD.

The company works with businesses to help manage the grey fleet via CARRS – its car allowance road risk solution.

CARRS aims to provide a practical and cost effective online solution via ALD’s online fleet management portal ‘Threesixty’, which provides both protection for companies and their employees.

CARRS generates reminders to fleet managers that include prompting on renewed MOT’s, insurance validation and road tax renewals, to ensure on-going compliance with relevant legislation.

Keith Allen, managing director of ALD Automotive (UK), said: “This survey shows that, despite the high profile given to corporate manslaughter legislation the grey fleet is still a big issue in the UK.

“Whilst some businesses already adopt a policy of only allowing employees to use daily rental vehicles for ad hoc business travel, for others it’s important that formal guidelines for the grey fleet are incorporated into the fleet policy to reduce such risk.”