You can lease an i3 for £198+VAT per month. Why buy one? Still makes no sense to me, however. Better to buy a fully depreciated, well looked after motor with cash and pay down any debt (mortgage) than sink your readies into a financed depreciating asset.
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I was an IPSE Consultative Council Member, until the BoD abolished it. I am not an IPSE Member, since they have no longer have any relevance to me, as an IT Contractor. Read my lips...I recommend QDOS for ALL your Insurance requirements (Contact me for a referral code). -
Originally posted by Scruff View PostYou can lease an i3 for £198+VAT per month. Why buy one? Still makes no sense to me, however. Better to buy a fully depreciated, well looked after motor with cash and pay down any debt (mortgage) than sink your readies into a financed depreciating asset.
The most important thing with regard to cars is getting the car you want or can cope with against the cost of keeping it. Whether it's the rental cost or the final depreciation figure it best to keep that as low as possible.merely at clientco for the entertainmentComment
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Originally posted by eek View PostTrue but there is a hell of a difference between leasing a car for £240 a month and leasing a car at £600 a month with benefit in kind tax on top.Politicians are wonderfull people, as long as they stay away from things they don't understand, like working for a living!Comment
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Originally posted by portseven View Postthe difference is 0-60 in 2.8 seconds!'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by portseven View Postthe difference is 0-60 in 2.8 seconds!merely at clientco for the entertainmentComment
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Originally posted by northernladuk View PostYeah but if it doesn't make a lot of noise doing it doesn't count.
Considering the state of the roads and congestion in the UK expensive mega fast cars seem rather silly. A comfortable place to be while sat in the traffic jams makes sense.Comment
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It does buts no fun. Now sitting there with a big V8 burbling and popping. Lovely.
It's a funny juxtaposition the more the more people hate a noisy car accelerating the the less the owner cares. He'll have a grin from ear to ear. That said there is a difference between someone enjoying the car and someone showing off for no apparent reason so I get that situation.
We are excluding the tosspots in loud souped up corsa and the like types of course.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by TykeMerc View PostTrue, people won't think you're a complete and utter tosser if it makes it to warp speedComment
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Originally posted by jonnieboy View PostI believe the correct "Tesla" term is "ludicrous speed"Comment
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just been talking to accountant and doing some sum's wouldn't mind 3rd opinion...
car cost circa £70K
with the capital write off of that in the first year, i am reducing corp tax by about £14K
so as a result i have £14K still in the company not taxable, to do with how i want....
getting it on finance through the company, monthly payments are circa £800
so i have £800 less profit and to pay myself divi's with
the impact of that £800 is reduced somewhat by no perssonal car finance, fuel, etc. (but not forgetting BIK tax)
but with the corp tax savings, i could compensate that by releasing that saved £14K as divi's at whatever rate i want (e.g £14K / 24 months or 12 months or whatever)
my maths is seeing that i am not much worse off in take home cash by doing this....in fact the more expensive car i get, the savings are greater due to the increased amount i am offsetting against corp tax (20% of cars initial value).Last edited by portseven; 14 May 2016, 21:24.Politicians are wonderfull people, as long as they stay away from things they don't understand, like working for a living!Comment
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