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Author Topic: Company car advice  (Read 4235 times)

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Gaffers

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Company car advice
« on: 15 October 2018, 17:49:25 »

Right, as kitty is dead I need a new kitty (or similar)

I have had a quick butchers at the company car tax calculators and the rates seem  eye-watering for an XF.  Even the XE was steep.  Dont tell me I'll have to stoop to a BMW  :o
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Doctor Gollum

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Re: Company car advice
« Reply #1 on: 15 October 2018, 18:07:24 »

Is it worth leasing if you're off soon?

Better to buy summat suitable, if older to see out your time in Blighty  :-\
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Re: Company car advice
« Reply #2 on: 15 October 2018, 18:20:29 »

Looks like if we expand to the US I will retain my role in Blighty as well.  Not sure what that would mean in terms of company car but it will take at least a year to acquire a company over there so it might be worth it.
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Doctor Gollum

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Re: Company car advice
« Reply #3 on: 15 October 2018, 18:26:29 »

Just thinking that if you have to cut the lease short the penalties might cause you issues and the last thing you need is to opps the whole thing up due to what is effectively an impulse purchase :-\
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Gaffers

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Re: Company car advice
« Reply #4 on: 15 October 2018, 20:09:07 »

I think a 2 year lease is reasonable given the time frames for moving over there.

However the BIK rates can be eye-watering for anything with a bit of poke.  I like th eidea of a plug-in hybrid (and the favouable BIK rates) but I also need something with a towbar.  The Outlander could work but it's a lot of car for Mrs G and I.
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Doctor Gollum

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Re: Company car advice
« Reply #5 on: 15 October 2018, 20:12:58 »

How about a pick up? Hilux rates aren't too bad... Gets Swmbo ready for the F150 Raptor :D
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Re: Company car advice
« Reply #6 on: 16 October 2018, 09:44:10 »

Check lease costs, some good deals about, you may find its less than the BIK hit for many models (don't forget to include tax, insurance etc in the calc).
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Re: Company car advice
« Reply #7 on: 16 October 2018, 10:14:56 »

How about a pick up? Hilux rates aren't too bad... Gets Swmbo ready for the F150 Raptor :D

Already decided on a jaaaaag in the US of A.  Got ot keep the classy (ahem) Brit image alive  ;D
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Gaffers

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Re: Company car advice
« Reply #8 on: 16 October 2018, 10:17:56 »

Check lease costs, some good deals about, you may find its less than the BIK hit for many models (don't forget to include tax, insurance etc in the calc).

Noted.  I have seen that some of the higher end PHEVs are pretty good on the BIK but I can only find one with a towbar and that's a Mitsubishi Outlander!  The BMs, Mercs and VWs have all either stopped taking orders or no longer do towbars.  I had a look at the XF and XE but then saw the BIK.....
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Doctor Gollum

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Re: Company car advice
« Reply #9 on: 16 October 2018, 10:42:58 »

Outside the box...

https://www.autotrader.co.uk/classified/advert/201807268816943

Falls outside the stupid tax rates too ;)
« Last Edit: 16 October 2018, 10:48:34 by Doctor Gollum »
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LC0112G

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Re: Company car advice
« Reply #10 on: 16 October 2018, 11:25:05 »

I'd wait until the end of the month, after the Budget, before making any decisions. There is no way of knowing what Hammond will tax next, and Benefit's in Kind could be on the radar.
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Re: Company car advice
« Reply #11 on: 16 October 2018, 15:23:28 »

Outside the box...

https://www.autotrader.co.uk/classified/advert/201807268816943

Falls outside the stupid tax rates too ;)

Not bad, but would rather a lease on a new or newish car.
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aaronjb

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Re: Company car advice
« Reply #12 on: 16 October 2018, 15:28:14 »

Not bad, but would rather a lease on a new or newish car.

I believe that is the American way  :y

I'd go with LCOG's advice above, mind, given the impending budget and talks of "end to austerity by raising tax by 1% across income tax, VAT, etc etc"!

I have no useful car advice, however. So I'll go back to my corner  ;)
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Doctor Gollum

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Re: Company car advice
« Reply #13 on: 16 October 2018, 16:08:14 »

Outside the box...

https://www.autotrader.co.uk/classified/advert/201807268816943

Falls outside the stupid tax rates too ;)

Not bad, but would rather a lease on a new or newish car.
Fair enough, looked interesting enough to be a stop gap rather than rushing headlong into an overreaction :D
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Re: Company car advice
« Reply #14 on: 16 October 2018, 16:16:39 »

Saw an advert for here:

https://www.motorama.com/car-leasing/jaguar/xf/2-0i-prestige-4dr-auto

XF Petrol, 286 for 3 years, with 10k miles.

Additional 43 for servicing, which includes tyres & service.

Quite reasonable actually.
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