Recommended Contract/Leasing Car Company

[baronne]

Hi folks,
I am looking into contract hiring a car, can any of you recommend a good contract hire company?

Also I'd like to get your views on contract hire or any other tax efficient way of having a car to mainly use for going to work in daily.

Cheers,
Baronne

[Flubster]

Hi folks,
I am looking into contract hiring a car, can any of you recommend a good contract hire company?

Also I'd like to get your views on contract hire or any other tax efficient way of having a car to mainly use for going to work in daily.

Cheers,
Baronne

1. Buy cheap car
2. Claim 40p/mile
Can't get more tax efficient than that....

[baronne]

It's 40p per mile for the first 10000 miles and then it drops down doesn't it?

Cheap... you see this is the problem. I bought a cheap car less than a year ago and it's pissing oil and is really pile of junk. So cheap ain't always cheerful.
You could buy a banger for like £1000 - but how long will it last?? Then you up the level a bit and buy, say, a £4000-5000 car... but who has 5K lying around, so you'd need a loan, at which point, the costs involved start to even out with leasing. Only with a lease car you get a brand new jamjar.

And... you must be able to claim mileage surely with the lease car still? Or do you put the expense of the car ie. the montly lease amount through the company instead? Or better still, both?

baronne.

[Tensai]

... but who has 5K lying around...

I'm guessing you're new to contracting then?

[TheBigYinJames]

I'm guessing you're new to contracting then?

Tensai found 15k in his back pocket he'd forgotten about, and another 12k down the back of the setee

[Spartacus]

Hi folks,
I am looking into contract hiring a car, can any of you recommend a good contract hire company?

Also I'd like to get your views on contract hire or any other tax efficient way of having a car to mainly use for going to work in daily.

Cheers,
Baronne

Try here: http://www.lingscars.com/. Terrible site but good prices and the owner was on Dragon's Den. You may also find this useful: http://www.moneysupermarket.com/pcp/pcpsearchstep1.asp

Speak to your accountant about the tax treatment but of course it depends on whether you or YourCo are leasing the car.

[Archangel]

Try here: http://www.lingscars.com/. Terrible site but good prices and the owner was on Dragon's Den. You may also find this useful: http://www.moneysupermarket.com/pcp/pcpsearchstep1.asp

Speak to your accountant about the tax treatment but of course it depends on whether you or YourCo are leasing the car.

WHS - My pal used Ling and was v happy with the service.

[Tensai]

WHS - My pal used Ling and was v happy with the service.

She is also Viz comic's official sponsor, much kudos to her.

[Tensai]

Tensai found 15k in his back pocket he'd forgotten about, and another 12k down the back of the setee

Indeed, the first paid my annual fuel bill for the motor, and the latter paid for my insurance. No-claims bonus...? What's that then?

[baronne]

I'm guessing you're new to contracting then?

nope.