Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
WeBuyAnyVan - Good for valuation when buying company van personally?
No. I just reckon that WBAV valuations are a perfectly valid way to guage the below market value of a 10k asset that is subject to large amounts of variation and depreciation.
No. I just reckon that WBAV valuations are a perfectly valid way to guage the value of a low value asset that is subject to large amounts of variation and depreciation.
However if you know their business model it's perfectly possible to argue that it's not the correct value - which is why I would suggest using it as a guide and then paying a £x00 more to just cover your backside - remember my point is could you stand up in court and argue the point with a straight face.
However if you know their business model it's perfectly possible to argue that it's not the correct value - which is why I would suggest using it as a guide and then paying a £x00 more to just cover your backside - remember my point is could you stand up in court and argue the point with a straight face.
With Parkers you have to pay extras including condition reports and they aren't making a formal offer to purchase the vehicle. With WBAV at least you can say they are willing to purchase the van (albeit at a rock bottom price).
With Parkers you have to pay extras including condition reports and they aren't making a formal offer to purchase the vehicle. With WBAV at least you can say they are willing to purchase the van (albeit at a rock bottom price).
It's about a fiver to get mileage and condition taken into consideration. Save the valuation to PDF. HMRC aren't going to quibble.
Comment