Best option for getting a new car?

Loopy28

I do about 15000 business miles a year so having a car is essential. For this I do obtain a good mileage rate and make a tidy profit from driving so I have no complaints.

My car is now in its last legs, it is a 12 year old diesel and has about 120k miles on and has become and uncomfortable and unreliable drive.

All my savings have just gone into a house move so I can't buy a better car outright. I am not necessarily after anything flash or brand new, but something reliable, good MPG and more comfortable.

The options I can see are,

-Obtaining a personal loan to buy a car
-Obtaining a car on finance through a dealer
-Getting a car on a lease scheme

Have I missed any other options? What would be my the advantages/disadvantages of these?

DUTR

Loopy28 wrote: »

I do about 15000 business miles a year so having a car is essential. For this I do obtain a good mileage rate and make a tidy profit from driving so I have no complaints.

My car is now in its last legs, it is a 12 year old diesel and has about 120k miles on and has become and uncomfortable and unreliable drive.

All my savings have just gone into a house move so I can't buy a better car outright. I am not necessarily after anything flash or brand new, but something reliable, good MPG and more comfortable.

The options I can see are,

-Obtaining a personal loan to buy a car
-Obtaining a car on finance through a dealer
-Getting a car on a lease scheme

Have I missed any other options? What would be my the advantages/disadvantages of these?

According to the figures you posted , you get around £562 a month allowance for mileage, your fuel maybe about £250 so that leaves you with around £300 towards a car, depends on the type of car you want to replace it with. I don't know if there are any other tax implications.

TadleyBaggie

Why are you posting this same carp in totally unrelated threads?