Contractors, Self Employed nice cars? You earn far too much!

Contractors, Self Employed nice cars? You earn far too much!

Author
Discussion

9mm

3,128 posts

210 months

Wednesday 17th June 2015
quotequote all
I'm guessing most of the contractors on here are of the IT/PM variety and were employed via an agency?

That might explain some of it. I deal directly with the boss and/or Directors and we'll almost certainly have had a discussion about hobbies, cars, holidays and houses before any deal is struck.

berlintaxi

8,535 posts

173 months

Wednesday 17th June 2015
quotequote all
9mm said:
That might explain some of it. I deal directly with the boss and/or Directors and we'll almost certainly have had a discussion about hobbies, cars, holidays and houses before any deal is struck.
Get you!

Utterpiffle

831 posts

180 months

Wednesday 17th June 2015
quotequote all
9mm said:
I'm guessing most of the contractors on here are of the IT/PM variety and were employed via an agency?

That might explain some of it. I deal directly with the boss and/or Directors and we'll almost certainly have had a discussion about hobbies, cars, holidays and houses before any deal is struck.
And why do extra curricular activities make any different to to an IT/PM contractors business acumen?

(Just interested, as I fit your stereotype of an IT contractor via agency)

crazy about cars

4,454 posts

169 months

Wednesday 17th June 2015
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Personally I just don't understand why people use cars as comparison of wealth anymore, after all it's not the 80s/90s...

My direct line manager drives a bog standard Prius (because that's the cheapest he can get on company car scheme) but owns a £2+ million country house.

nute

692 posts

107 months

Wednesday 17th June 2015
quotequote all
I work for a property company as a consultant they call in when needed. They seem to be used to me turning up in an assortment of cars but i do make sure that when i go out to visit their clients I'm not driving anything to ostentatious. To be fair they never give me any grief and they are very good to their own full time staff with company cars.

I have been tempted to drive my 102 year old vintage car in there for a laugh one day though and see what they say.

Moonhawk

10,730 posts

219 months

Wednesday 17th June 2015
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Yep I have had the same.

I had a 1995 plate Lotus Elan M100 a few years back that was worth about £10k and was getting comments like "flash git" and "you must be loaded" from people who had just gone out and spent double that on a brand new reg family saloon.

Edited by Moonhawk on Wednesday 17th June 21:09

Moonhawk

10,730 posts

219 months

Wednesday 17th June 2015
quotequote all
crazy about cars said:
Personally I just don't understand why people use cars as comparison of wealth anymore, after all it's not the 80s/90s.
I have no idea either - it's pretty bonkers.

I may have a fairly nice car - but I don't have kids, rarely take foreign holidays, don't wear much in the way of expensive designer clothing etc. The car is where we do like to splash out.

I bet most of my colleagues who have kids or take regular foreign trips spend far more as a result than I do on the car - yet these things aren't seen in the same light.

130R

6,810 posts

206 months

Wednesday 17th June 2015
quotequote all
One of my executive directors told a contractor not to park his V8 Vantage out the front of the building because "it sent the wrong message". It's a 2006 MY and cost him about 35k so there are literally dozens of BMW's / Merc's / etc that cost more in the car park every day. He also said "are you joking?" and shook his head when I first turned up to work in my M6 about 6 years ago. This exact same exec director drives a 991 Carrera S to work! rolleyes

Moonhawk

10,730 posts

219 months

Wednesday 17th June 2015
quotequote all
130R said:
One of my executive directors told a contractor not to park his V8 Vantage out the front of the building because "it sent the wrong message". It's a 2006 MY and cost him about 35k so there are literally dozens of BMW's / Merc's / etc that cost more in the car park every day. He also said "are you joking?" and shook his head when I first turned up to work in my M6 about 6 years ago. This exact same exec director drives a 991 Carrera S to work! rolleyes
I have been 'advised' that's it's probably not a good idea for me to drive my 09 plate Vantage into work for similar reasons.

Again - not the most expensive car in the works car park by a long shot.

mikey k

13,011 posts

216 months

Wednesday 17th June 2015
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I've had this issue for over two decades frown
I've now developed a keen sense of how to pick the right "stealth" business car wink
Currently I have a debadged M135i 5 door for work driving
I also have a personal Aston Martin that NEVER goes near clients or work (soon to be replaced with a 650S)
I've managed to keep an old Honda S2000 as well, that goes to work regularly and no one bats an eyelid hehe

Unfortunately the "green eyed monster" lurks in too many British people frown

Edited by mikey k on Wednesday 17th June 21:45

Sump

5,484 posts

167 months

Wednesday 17th June 2015
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Solution is to earn such a ridiculous amount that the other person would feel stupid saying such things.

Pork

9,453 posts

234 months

Wednesday 17th June 2015
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berlintaxi said:
Get you!
rofl

Can't beat a thread like this. Had many an eyebrow raised when people hear I drive a Maserati. People have no clue how much it's worth (not a lot!) and many will undoubtedly spend more on things that don't interest me. It's all to be taken with a giant pinch of salt and is generally meant in good fun.

9mm

3,128 posts

210 months

Wednesday 17th June 2015
quotequote all
Utterpiffle said:
9mm said:
I'm guessing most of the contractors on here are of the IT/PM variety and were employed via an agency?

That might explain some of it. I deal directly with the boss and/or Directors and we'll almost certainly have had a discussion about hobbies, cars, holidays and houses before any deal is struck.
And why do extra curricular activities make any different to to an IT/PM contractors business acumen?

(Just interested, as I fit your stereotype of an IT contractor via agency)
Err they don't. My point is that if my employer knows that much more about me, they aren't going to employ me if they don't like what they hear and if they do employ me they aren't likely to tolerate any whining about my car or anything else.

IntriguedUser

989 posts

121 months

Thursday 18th June 2015
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What do some of you guys actually do?

I'm 21 and a bus driver and I have no idea what I want to do with my life, working 44 hours a week as a bus driver sucks lol, I'll stick it out for a couple years while I'm at home to try and save!

stuno1

1,318 posts

195 months

Thursday 18th June 2015
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I am a self employed contract business analyst in the banking sector. Started contracting when I was 28 following 5 years experience in a bank doing the role I now do.

Stu

pherlopolus

2,088 posts

158 months

Thursday 18th June 2015
quotequote all
Contract business analyst, currently for a technology company. History being a pre-sales Solution Architect and Infrastructure Project Manager

25 years in IT industry, which I went into original until I decided what I wanted to do when I grew up...

supersingle

3,205 posts

219 months

Thursday 18th June 2015
quotequote all
The OP should try working in the public sector.

My Mrs got loads of jealous behaviour for going to work in £500 worth of clapped our Mazda Eunos Roadster.

'Who does she think she is?' 'Does she think she's special?' and so on. Most of her colleagues were driving around in new ecoboxes on finance.

That's what happens when you work with a bunch of hormonally challenged, mentally retarded Marxist secondary school teachers. They're teaching your kids FFS! laugh

Limpet

6,310 posts

161 months

Thursday 18th June 2015
quotequote all
pherlopolus said:
History being a pre-sales Solution Architect and Infrastructure Project Manager
Similar to me (currently a pre-sales Solution Architect working for a global tech company). Bored, and wondering what the next move is, as I'm really struggling to get excited about doing more of the same for someone different for the next 25 years.

A mate contracted in web development for about 10 years and did quite nicely out of it, but has just gone perm after getting a decent offer.

It's not the risk that bothers me at all. No permanent job has any security nowadays. It's the lack of holidays, pension etc and having the discipline to do the right thing with the extra money. Logic suggests whack it off the mortgage rather than buy a nice car. But I'm rubbish and it wouldn't happen biggrin

DaveH23

3,236 posts

170 months

Thursday 18th June 2015
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Alot of peoples Jaws drop when I tell them I pay £500 a year to tax my car.

My jaw then drops when they tell me they pay hundereds a month for finance.

Mr E

21,617 posts

259 months

Thursday 18th June 2015
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When I first started working I was renting a room in a shared house, and running a 15 year old shed while trying to clear student debts.

One of our contractors was very late in, and apologised when he turned up. He'd been dealing with the police as his brand new M3 had been stolen overnight.

We were very sympathetic until he mentioned that he'd had to commute in using the equally new Elise...
...we were at very different stages of our working lives.