best lease deals?
Discussion
Yeah the GL350 deal is a good deal. Unfortunately it is only available on a business lease (highly inflated personal lease also available)and I don't want to get smashed on company car tax.
Unless anyone can find this deal on a personal lease around same money, ie £480 including VAT????
Unless anyone can find this deal on a personal lease around same money, ie £480 including VAT????
ChelseaDave said:
Yeah the GL350 deal is a good deal. Unfortunately it is only available on a business lease (highly inflated personal lease also available)and I don't want to get smashed on company car tax.
Unless anyone can find this deal on a personal lease around same money, ie £480 including VAT????
Depends on the lease company. Many are happy to Contract Hire to an individual. They just add the VAT. Unless anyone can find this deal on a personal lease around same money, ie £480 including VAT????
pp
TheBMWDriver said:
Just put it on your company name but pay for it with personal money so tax will probably not be a issue.
Thanks for that advice, I had my accountant check that and you're right it can be done without any tax implications. Can even put payments through business account without accounting for it, just offset against drawings - happy days!Might just pull the trigger on that deal - GL350 at £398pm + VAT - 6+23 based on 10k pa with excess mileage at 10p per mile. That's a cracking deal on a 60k car.
Only downside, they can't get me the car until late February so might have to borrow something for a couple of months!!
smashy said:
Did you see Quentin Wilson talking about lease deals on German cars.He said with the German economy picking up cheapo deals are soon going to be a thing of the past so get in now.
We shall see I guess.
I wonder if that will see residual values improve (ie they can reposition as a "premium" brand again).We shall see I guess.
ChelseaDave said:
TheBMWDriver said:
Just put it on your company name but pay for it with personal money so tax will probably not be a issue.
Thanks for that advice, I had my accountant check that and you're right it can be done without any tax implications. Can even put payments through business account without accounting for it, just offset against drawings - happy days!Might just pull the trigger on that deal - GL350 at £398pm + VAT - 6+23 based on 10k pa with excess mileage at 10p per mile. That's a cracking deal on a 60k car.
Only downside, they can't get me the car until late February so might have to borrow something for a couple of months!!
Vroomer said:
Pickled Piper said:
6 +23 at £400 +VAT, 10,000 miles per year.
pp
So, that's £7k pa inc deposit and VAT. Not bad, but shame about the car!pp
pp
Pickled Piper said:
Vroomer said:
Pickled Piper said:
6 +23 at £400 +VAT, 10,000 miles per year.
pp
So, that's £7k pa inc deposit and VAT. Not bad, but shame about the car!pp
pp
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