Discussion
Anyone with a company car who also funds thier own private car for whatever reason?
Im debating between taking a car allowance and getting something like a leon fr cr170 and mapping it to 200.
Or go for a company car and get something fun for private miles such as a clio 197.
I will be doing about 30000 (23000 business) miles a year in total, so if i got something like a leon i would get one on about 40,000 and use it for 3 years.
Im debating between taking a car allowance and getting something like a leon fr cr170 and mapping it to 200.
Or go for a company car and get something fun for private miles such as a clio 197.
I will be doing about 30000 (23000 business) miles a year in total, so if i got something like a leon i would get one on about 40,000 and use it for 3 years.
Blanchimont said:
A 40k Leon will have 110k if you own it for 3 years. I'd consider taking the allowance, and leasing a decent car from the outset (Focus ST sort of thing) and use that as the only car.
I cant afford to do my business mileage in a focus st, i only get 15 pence per mileI used my car allowance a few years ago to buy a Clio 200 Cup (nearly new, 1 years old). I hardly had to do many miles for work so having a more 'focused' car was ok plus after 3 years I didn't have to hand it back and it was mine.
Personally I would get the most basic/economical company car to meet your requirements and buy something more fun than the 197 for weekends (2 seats and no roof).
Personally I would get the most basic/economical company car to meet your requirements and buy something more fun than the 197 for weekends (2 seats and no roof).
I have a company car and my own, if you declare you aren't using the car for personal usage you don't have to pay car tax on it,
When I worked out what I was paying in tax it worked out only about £500 a year more to drive something more
Interesting with a petrol engine,
Did this cause my work car is sign written and has a limiter
On it
When I worked out what I was paying in tax it worked out only about £500 a year more to drive something more
Interesting with a petrol engine,
Did this cause my work car is sign written and has a limiter
On it
Nickbrapp said:
I have a company car and my own, if you declare you aren't using the car for personal usage you don't have to pay car tax on it,
When I worked out what I was paying in tax it worked out only about £500 a year more to drive something more
Interesting with a petrol engine,
Did this cause my work car is sign written and has a limiter
On it
I take it your permanent place of work is your home and you would be able to claim expenses if you had to travel to your employers place of business? Commuting to work is classed as private use by HMRC. Also the employee can't choose not to use a company car for personal use. From the perspective of the HMRC the employer has to ban private use and show if necessary that the ban is enforced.When I worked out what I was paying in tax it worked out only about £500 a year more to drive something more
Interesting with a petrol engine,
Did this cause my work car is sign written and has a limiter
On it
Nickbrapp said:
I have a company car and my own, if you declare you aren't using the car for personal usage you don't have to pay car tax on it,
When I worked out what I was paying in tax it worked out only about £500 a year more to drive something more
Interesting with a petrol engine,
Did this cause my work car is sign written and has a limiter
On it
Im pretty sure you have to pay tax regardless, i have to travel to different places in my job i dont work from home.When I worked out what I was paying in tax it worked out only about £500 a year more to drive something more
Interesting with a petrol engine,
Did this cause my work car is sign written and has a limiter
On it
Nickbrapp said:
I have a company car and my own, if you declare you aren't using the car for personal usage you don't have to pay car tax on it,
as has been pointed out - this is not correct. You will pay BIK on the company car as calculated by the standard means. When claiming for business mileage, you have to provide fuel receipts and current odo, you would have a hard time not using your company car for work reasons unless you do starship mileage and can hide it. Driving to the office is also classed as personal use if you have 1 fixed place or work that you drive to regularly.OP - I have a company car and my own car for my own enjoyment. I am quite happy to pay the tax on the company car (VW CC GT Tech) as TBH it seems like good value to me and is a very easy option. Also SMR work gets paid for and my car is collected and delivered back to me at work when it does go to the garage. Tyres get swopped like-for-like and it returns good mpg. This offsets the costs on my other car which is sat in the garage 99% of the time. The benefit to me is that whenever I jump in to my own car it feels fresh and exciting to drive as I am not driving it daily, which means that I enjoy it even more (and also reduces the running cost on my own vehicle).
CABC said:
23000 biz miles is a lot. i'd consider something very comfortable and a more focussed 2nd car.
with just one car you'll be paying higher running costs for m'way miles and have a noisy car that's actually not that focussed as a fun car,
This man speaks the truth, that sort of mileage in anything performance oriented will get very tiresome. Get yourself something comfy for work and something else for the weekends.with just one car you'll be paying higher running costs for m'way miles and have a noisy car that's actually not that focussed as a fun car,
Sheepshanks said:
dieseluser07 said:
I cant afford to do my business mileage in a focus st, i only get 15 pence per mile
You also get a tax rebate on your business mileage.Stupid system run stupidly.
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