NHS lease car

bigjl

dannyrst wrote: »

No. Londoners are extremely overpaid.

Tube workers go on strike because they don't get a pay rise. They earn £50k a year. I'm pretty sure I could sit on a chair and move a leaver backwards and forwards for £50k a year. I couldn't, however, sit and diagnose person after person with different illnesses.

So your opinion on the wages of Londoners is based on Tube Drivers?

You are aware that a Nurse in London makes the same as a Nurse outside London except for London Weighting?

Tube Drivers are indeed overpaid, but it has nothing to do with the rest of the public sector merely the incompetence of the LUL managers.

gary_jules

fred246 wrote: »

I was chatting to a nurse a few months ago who had a Range Rover Evoque on the scheme. She was paying a large proportion of her salary on it. I mentioned the effect on her pension. She said "I'll probably be dead by then anyway. I don't care. It turns heads at the lights".

What a silly woman

panika

To be honest, lease is available through our local health boad. Cheapest car is Corsa and costs £199.00 pcm before tax. They throw everything in - insurance, servicing, tyres, warranty, breakdown cover with no deposit. Also free MOT and no road tax (any new car wouldn't need MOT for 3 years and most probably tax would be £0). I don't think new car would need new tyres at mileage 8,500 per year and any major work would be covered by warranty.

I think, there are better lease deals elsewhere. Above deal is good, if someone want to have new car, can afford monthly pay and don't want to worry about anything, but petrol.

bigjl

fred246 wrote: »

NHS Trusts promote salary sacrifice schemes as it saves them money. The staff like them because people like new shiny items. The staff do lose out on their pension but most are too short sighted to bother. The government will have less to pay out in pensions in years to come

You sound as though you applied for a job in the NHS and got knocked back.

fred246

FlamaBlanca wrote: »

I'd imagine that this woman doesn't actually exist and has been invented by Fred246 to act out a chip he has on his shoulder about people who have nicer/newer things than him

I have previously mentioned this woman in another thread:

https://forums.moneysavingexpert.com/discussion/5130589

Staff will be given a list of cars and told 'it may have an effect on your pension. Consult an IFA'. She will have to sign that she knows it will affect her pension. She obviously can afford the £500 a month and isn't bothered about pensions. It's quite a common attitude.

I couldn't buy an Evoque because my wife doesn't like their shape but I am not making stories up.

psilvester

panika wrote: »

To be honest, lease is available through our local health boad. Cheapest car is Corsa and costs £199.00 pcm before tax. They throw everything in - insurance, servicing, tyres, warranty, breakdown cover with no deposit. Also free MOT and no road tax (any new car wouldn't need MOT for 3 years and most probably tax would be £0). I don't think new car would need new tyres at mileage 8,500 per year and any major work would be covered by warranty.

I think, there are better lease deals elsewhere. Above deal is good, if someone want to have new car, can afford monthly pay and don't want to worry about anything, but petrol.

Only other thing to mention is that getting a car through a lease scheme means no credit checks. Having bad credit may scupper people from getting deals elsewhere.

I recently got a vehicle through NHS Fleet Solutions (Golf GTE) because my 58 C4GP was in need of repairs and was going to fail its MOT, I did not have the cash up front to buy something outright (even a banger) nor the good credit rating to get something on finance.

My total outgoings for the new car are now less than what I was paying for my second hand one. The figures may not work for everyone but everything fell into place perfectly for myself.

fred246

It seems like the staff are choosing. Which would you like?
1.A nice new car now or
2.A nice pension later
The new car now seems to be a very popular choice. I guess this is closer to how the private sector operates.

Car_54

bigjl wrote: »

Subsidised by the Tax Payer?

Are you one of those people that likes to tell NHS staff hat you pay their wages?

NHS staff pay tax as well you know.

And I don't think they are subsidised I personally think they have just negotiated good deals due to fleet size, pretty much like Motability.

Or do you think Tax Payers subsidise Motability leases aswell?

Rather than being subsidised, the NHS Fleet Solutions website says "any income generated form the delivery of our services is directed into frontline healthcare".

[Deleted User]

bigjl wrote: »

Can't see how it would have any effect whatsoever on a final salary pension scheme.

A mate has a Hyundai i30 on this scheme and he does 30k a year at least, he is going for another when this deal runs out.


Edit.
My information is out of date as I refused to change from the 1995 section to the 2008 section as felt there would be hidden traps that would cost you money, seems I was right.

Because it reduces your pensionable income so if you're in the last few years of work that they use to calculate your pension....

bigjl

[quote=[Deleted User];69158158]Because it reduces your pensionable income so if you're in the last few years of work that they use to calculate your pension....[/QUOTE]

I assume you failed to see my post was edited to confirm that my in depth knowledge is based on the 1995 section.

Nobody I know changed to the 2008 Section.

But again even if it did reduce your pensionable pay all you would need to do is make sure you don't lease one for at least one of your last 3yrs as your pension is based on the highest of your last 3.