Not quite sure what you mean there Rod :-? What difference does this make to your own personal car or am I just mis-understanding? Also, why would you want to leave the scheme? Surely it's an advantage to have your company pay you an allowance for using your own car or are you looking at changing to a company car?
'cos there's a rule that states that a personally sourced car must be less than five years old. Frankly it's false economy for me to sell the MV6 to get something else, (particularly as the allowance is pitiful!!). It would make more sense to keep the MV6 until it gets beyond economic viability, but I can only do that if they relax the rules or turn a blind eye to it.
I had psyched myself up to aim for a Monaro next year when the MV6 reaches 5 years old, but I've kind'a gone off the boil a bit about that as I'm becoming miserly again when it comes to cars!!
Frankly I'd much rather be running around in a ten (+) year old car with some spondoolicks in my hipper than have a 'nearly' new car and an overdraft!!
As it stands, I've probably lost about £4k - £5k on the MV6 since I bought it purely through depreciation, (That's not including maintenance and consumables!!). Compare that to the fact that the car I had before that I bought for £450. (OK I probably spent about £2k improving it, but it was an absolute peach by the time I sold it!!)
Sorry, but I'm right into 'bangernomics'!!
But as it stands I won't be getting rid of the 'Meega till Summer at the earliest.
Go on get yourself a Monaro Rod
Their resale values have stayed high, now they have gone out of production should keep them at a good price
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