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Reply to: Car Finance
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Previously on "Car Finance"
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Originally posted by Pondlife View PostI predict a post by HRHisaravingfelchlord fairly soon.
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Originally posted by Sockpuppet View PostI'm paying £3500 BIK for it. £3000 for the van and £500 for the fuel. So £700 of "cash from my pocket" in real terms. Still not bad for effectively getting £10k off the list price. Plans are to let it depreciate within the company and then sell it to myself. Effectively 1/3 of the depreciation is from the govt money that way.
Good way to run things, then you do get a lot of value from the company purchase.
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Originally posted by Arturo Bassick View PostEach to his own. I would rather look a cock in a poxy car than have a poxy cock in a decent one.
Very good workLast edited by Zoiderman; 18 October 2011, 13:04.
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Originally posted by TheFaQQer View PostDoes it not attract a £3000 charge, under ITEPA s155(3)?
Since you are using another car for your 1000 miles a week, I'd suggest that your use fails the test
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Originally posted by Zoiderman View PostAs you know, I would rather have genital warts than drive a Kia
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Originally posted by Zoiderman View PostKeep it up ginge, it's a little worrying, but keep it up. It's like watching a slow motion car crash, but witha bit more ginger in it.
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