Buying an EV via a Ltd company

[anonymous-user]

sambucket said:

What are the factors that make leasing a better option than buying?

It's something to do with VAT.
You can claim more back on a lease.

[anonymous-user]

Hard to give a number as it varies so much with circumstance. One big factor is how long you keep the car? This impacts bik and tax on any disposal which counts as revenue.

[anonymous-user]

I'm buying cash rather than lease. But my ltd company profits are quite lumpy, so it will be relatively easy to time disposal to avoid taxable proceeds, or max out the SIPP that year etc.

Plus I'm optimistic on residuals on the model 3. Especially if GPB keeps trending to parity with USD

[anonymous-user]

I think he means has anyone done the sums for cash vs lease, for average depreciation?

[anonymous-user]

jamoor said:

What's average deprciation? Average of the cars in its class or average depreciation accross all cars.

To me it seemed a pretty pointless calculation as it good go either way. Look at what happened to the leaf.

Pretty pointless, but not entirely pointless.

I'd be interested in a comparison for a random set of arbitrary variables, regardless of the depreciation metric, if anyone has it.

So could take the GFV? Or 18% a year.

Doesn't matter really, If I disagree with the depreciation figure, i'll mentally adjust for it, but would still be interested in the relative difference seeing as there are different treatments. Eg half vat in one case.... etc.