Sensible Or Not Sensible? Please assist!!
Discussion
OK I hate these threads but admittedly I am struggling with a decision slightly.
A couple of months ago I sold my 15 plate Range Rover to fund a large stock acquisition on my company which meant I couldn't afford to run the car and fund the deal with everything I had going on.
Fast forward a couple of months and the business has caught up enough to start paying me again and now I'm itching for another vehicle (currently driving a 65 plate Renault Kango Van!!)
I'm struggling to decide between sensible and not-sensible. Your thoughts are welcomed. I have to finance either way.
Sensible
Volkswagen Amarok Highline Pickup Truck
Pros: Via the company, tax deductible, no cost to myself personally.
Cons: company has caught up enough to pay me again, but getting a truck would be a bit of a push, may have to settle for a cheaper Nissan Navara, slightly grey area as i don't need a commercial vehicle, it's a commercial vehicle.
Not-Sensible
Audi S5!
Pros: V8, nicer, faster, it's a V8! I'm more used to higher end cars than trucks/vans
Cons: in my name so affects my personal credit rating etc, cost a lot more to run, I have a son, I see you can get a child seat in but a bit of a pain, I have another more sensible car as well though (Astra) so it's not a major issue.
The S5 would be far easier to buy as my personal credit is better than my business, it'll be a low deposit either way.
My intentions in 3-4 years time are to buy a V10 R8 so I will eventually run a truck and a car anyway, question is should I go truck now or should I enjoy the next few years in an S5 then move to the R8 when funds allow? by which time this would be almost finance free.
Also worth mentioning;
- i only do about 15,000-20,000 miles a year
- budget either way is up to £15k + VAT for truck or £15-20k for S5.
A couple of months ago I sold my 15 plate Range Rover to fund a large stock acquisition on my company which meant I couldn't afford to run the car and fund the deal with everything I had going on.
Fast forward a couple of months and the business has caught up enough to start paying me again and now I'm itching for another vehicle (currently driving a 65 plate Renault Kango Van!!)
I'm struggling to decide between sensible and not-sensible. Your thoughts are welcomed. I have to finance either way.
Sensible
Volkswagen Amarok Highline Pickup Truck
Pros: Via the company, tax deductible, no cost to myself personally.
Cons: company has caught up enough to pay me again, but getting a truck would be a bit of a push, may have to settle for a cheaper Nissan Navara, slightly grey area as i don't need a commercial vehicle, it's a commercial vehicle.
Not-Sensible
Audi S5!
Pros: V8, nicer, faster, it's a V8! I'm more used to higher end cars than trucks/vans
Cons: in my name so affects my personal credit rating etc, cost a lot more to run, I have a son, I see you can get a child seat in but a bit of a pain, I have another more sensible car as well though (Astra) so it's not a major issue.
The S5 would be far easier to buy as my personal credit is better than my business, it'll be a low deposit either way.
My intentions in 3-4 years time are to buy a V10 R8 so I will eventually run a truck and a car anyway, question is should I go truck now or should I enjoy the next few years in an S5 then move to the R8 when funds allow? by which time this would be almost finance free.
Also worth mentioning;
- i only do about 15,000-20,000 miles a year
- budget either way is up to £15k + VAT for truck or £15-20k for S5.
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