Petrol company car drivers
Petrol company car drivers
Author
Discussion

acme

Original Poster:

3,034 posts

228 months

Monday 3rd November 2014
quotequote all
Recently got a Golf (yes I know yawn!) 1.4 TSI ACT as a company car, 5 weeks & 3k miles in it's clear that very few company car drivers opt for petrol (obviously so), so I'm intrigued who has and what do they drive?

This isn't a petrol vs diesel post, that's been done to death, just intrigued if anyone else has gone down the petrol route for their company car, especially if they're doing reasonable miles, and if so what they went for.

Cheers


Snollygoster

1,538 posts

169 months

Monday 3rd November 2014
quotequote all
I kind of do. It's a car provided through the company, but my name gets but on the logbook to avoid company car tax (bit more complicated than that, but that's the general gist of it).

Prior to that scheme, I've taken petrol company cars. Mostly the BIK isn't too bad, at least on more modern petrols. For instance, I had a Golf R which was only about £40 a month more than a GTD. Well worth it IMO.

However, once the diesel 3% abolishment comes in soon and Co2 emissions and percentages change, diesel's and electric will become even cheaper.


BFG TERRANO

2,172 posts

178 months

Monday 3rd November 2014
quotequote all
Just got an Astra 1400 petrol company car. Main reason being I need a reasonable size car and the max P11D value was set at £15500 making choice limited in mid range cars. Being petrol it was cheaper than diesels so it widened my choices. It's dangerously underpowered, especially when changing lanes on a fast motorway.

jdearden

1,746 posts

207 months

Monday 3rd November 2014
quotequote all
Got my new company car 2 weeks ago. Corsa vxr. Petrol so automation is awful but it's a great fun car to have as a daily run about. I don't do a lot of motorway miles mainly a n B roads.

jkh112

23,947 posts

188 months

Monday 3rd November 2014
quotequote all
I have a 2.0 litre petrol mitsubishi outlander as my company car. It is a hybrid though, so bik tax is very low.

750turbo

6,164 posts

254 months

Monday 3rd November 2014
quotequote all
Opted out of our scheme more than 10 years ago as I was doing very little miles.

I seem to do OK now, just manage it properly, probaly does cause me a few quid a month, but....

Generic Diesel Co car, or M135i.

The cost is worth it for me.

acme

Original Poster:

3,034 posts

228 months

Monday 3rd November 2014
quotequote all
Snollygoster said:
I kind of do. It's a car provided through the company, but my name gets but on the logbook to avoid company car tax (bit more complicated than that, but that's the general gist of it).

Prior to that scheme, I've taken petrol company cars. Mostly the BIK isn't too bad, at least on more modern petrols. For instance, I had a Golf R which was only about £40 a month more than a GTD. Well worth it IMO.

However, once the diesel 3% abolishment comes in soon and Co2 emissions and percentages change, diesel's and electric will become even cheaper.
Didn't realise they were getting rid of the 3% surcharge, seems odd to me?

As for having a Golf R, superb! I have to be careful as HMRC stipulated rates are so tight I'd end up subbing the company!

Mr E

23,079 posts

289 months

Monday 3rd November 2014
quotequote all
Took the money. Bought a v8. Seemed to be the correct thing to do.

2 sMoKiN bArReLs

32,033 posts

265 months

Monday 3rd November 2014
quotequote all
(some years ago) my company car was deffo petrol. (I did check, there was no diesel option biggrin)


acme

Original Poster:

3,034 posts

228 months

Monday 3rd November 2014
quotequote all
I think taking the money if you don't do many miles and or it works for you is a good option. Thing is I've done 3k miles in 5 weeks, albeit that isn't typical, but I wouldn't want to do that in my own car, even if the company funded it.

Talking to our finance manager he opted out simply because on our old scheme he could only have diesel!

mattcov

721 posts

256 months

Monday 3rd November 2014
quotequote all
Looking at the co car list I have, if I was choosing one right now Id have a Golf R DSG, followed by Golf GTI Perf Pack, then 330d SE. The tax would make my teeth itch, but its worth having these when all the running costs are covered. Did the figures v leasing privately and it wasn't that much more taking into account someone else takes all the cost and risk.

acme

Original Poster:

3,034 posts

228 months

Monday 3rd November 2014
quotequote all
mattcov said:
Looking at the co car list I have, if I was choosing one right now Id have a Golf R DSG, followed by Golf GTI Perf Pack, then 330d SE. The tax would make my teeth itch, but its worth having these when all the running costs are covered. Did the figures v leasing privately and it wasn't that much more taking into account someone else takes all the cost and risk.
Even with the reasonable Co2 rates on current VW's the BIK would be pretty horrific! That's one good thing about the 1.4TSI, the Co2 is better than the equivalent diesel.

mattcov

721 posts

256 months

Tuesday 4th November 2014
quotequote all
acme said:
Even with the reasonable Co2 rates on current VW's the BIK would be pretty horrific! That's one good thing about the 1.4TSI, the Co2 is better than the equivalent diesel.
It stings, but strangely because the lease prices are so attractive at the moment it evens out a bit.

Itsallicanafford

2,948 posts

189 months

Tuesday 4th November 2014
quotequote all
Auris Hybrid......nice

MrBarry123

6,108 posts

151 months

Tuesday 4th November 2014
quotequote all
Scirocco R for me which did 2,000 business miles last month and does about 20,000 business miles a year.

Not a company car though - rather a car that is (almost) funded via a car allowance.

In no way does it justify itself financially doing what it does i.e. it needs servicing twice a year at £300 a time, does 32mpg at best, costs £265 a year to tax and goes through a full set of tyres every year. I do love it though.

acme

Original Poster:

3,034 posts

228 months

Sunday 9th November 2014
quotequote all
Cheers for all the replies fellas, seems some really have taken to going back to petrol, and some even suffering the financial implications quite significantly, good stuff.

So, anyone else out there?

GC8

19,910 posts

220 months

Sunday 9th November 2014
quotequote all
Snollygoster said:
I kind of do. It's a car provided through the company, but my name gets but on the logbook to avoid company car tax (bit more complicated than that, but that's the general gist of it).
Is this like a nineties assisted purchase scheme? That's how I bought my 968 - very Gareth Cheeseman, but almost a car for free if you do enough miles.

Jonwm

2,744 posts

144 months

Sunday 9th November 2014
quotequote all
I wondered if petrol would creep back into our list at work. When I joined in 06 there was a few petrol cars on there, but not since, with lower co2 now I thought they might be back but as of Aug my policy was all diesel, saying that the CO2 restrictions on job grade are getting harsher :-(

acme

Original Poster:

3,034 posts

228 months

Sunday 9th November 2014
quotequote all
Jonwm said:
I wondered if petrol would creep back into our list at work. When I joined in 06 there was a few petrol cars on there, but not since, with lower co2 now I thought they might be back but as of Aug my policy was all diesel, saying that the CO2 restrictions on job grade are getting harsher :-(
We're lucky, that use to be the case but our new scheme has seen them return, though limited. Talking to one guy he didn't realise this, stating he'd pulled out of the scheme a few years back because it was diesel only. For most though the penalty is still there in my opinion. If we move to fuel cards it could cause a little more pain, but so far I'm loving being back in one.