Advice buying a used car

redbulljase

Hi, Please help struggling to find info I have been offered a company car but I will have to sacrifice £350 a month includes vat lease of my present salary (£40,000 p/a) will I still have to pay benefit in kind tax, C02 40 emissions (electric Golf 1.4 gte advance) value £33000 just struggling to find the benefit to say leasing on a private lease confused help.

wgl2014

redbulljase wrote: »

Hi, Please help struggling to find info I have been offered a company car but I will have to sacrifice £350 a month includes vat lease of my present salary (£40,000 p/a) will I still have to pay benefit in kind tax, C02 40 emissions (electric Golf 1.4 gte advance) value £33000 just struggling to find the benefit to say leasing on a private lease confused help.

Holy thread hijack Batman!

That has nothing to do with this topic, start your own thread.

BeenThroughItAll

wgl2014 wrote: »

Holy thread hijack Batman!

That has nothing to do with this topic, start your own thread.

Bloody difficult to work out what the topic is, based on the selection of random characters arranged vaguely into a post, to be fair.

Ebe_Scrooge

redbulljase wrote: »

Hi, Please help struggling to find info I have been offered a company car but I will have to sacrifice £350 a month includes vat lease of my present salary (£40,000 p/a) will I still have to pay benefit in kind tax, C02 40 emissions (electric Golf 1.4 gte advance) value £33000 just struggling to find the benefit to say leasing on a private lease confused help.

Please help, struggling to understand your post. I think you're saying you pay £350 a month for a brand new car ? Over what period ?

£350 a month over 2 years, for the sake of argument, is £8400 - save that money for 2 years, you've got enough to buy yourself a very decent, nearly new second-hand car ( certainly more than I've ever paid for a car ). At the end of 2 years, you own it outright, you can then sell it, or keep it, and no worries over excess mileage, or minor car-park-dings and scratches etc. ........ I'm not sure what you're really asking ?

silverwhistle

I think 'offered a company car' is significant, but honestly redbulljase, open a new thread and re-write your post so that it is understandable and it'll get some useful responses.

Mercdriver

silverwhistle wrote: »

I think 'offered a company car' is significant, but honestly redbulljase, open a new thread and re-write your post so that it is understandable and it'll get some useful responses.

Indeed on the latter part.

He isn't really being given a company car, as that would only impact his tax. This is effectively a lease through his wages, I believe.

bigadaj

Too much red bull.

Habib2342

I would also like tips on buying a used car as I'm looking to change mine over the next couple of years.

this is what I think you should look for ;

1. low mileage
2. full service history if possible
3. recently manufactured -within budget
4. MOT
5. as a previous post said, avoid cars with 60k+ on the clock but check to see whether the diphase pulley/timing belt has been changed. I had to do this on my Renault megane and they said potentially I could get another 5-6 years out it.
6. low insurance group and road tax banding.
7. highest mpg as possible.

anything else i'm missing -please let me know.

thanks,
habib.

BeenThroughItAll

Habib2342 wrote: »

I would also like tips on buying a used car as I'm looking to change mine over the next couple of years.

this is what I think you should look for ;

1. low mileage
2. full service history if possible
3. recently manufactured -within budget
4. MOT
5. as a previous post said, avoid cars with 60k+ on the clock but check to see whether the diphase pulley/timing belt has been changed. I had to do this on my Renault megane and they said potentially I could get another 5-6 years out it.
6. low insurance group and road tax banding.
7. highest mpg as possible.

anything else i'm missing -please let me know.

thanks,
habib.

I'd suggest something slow, with cruise control to help you stick to those pesky speed limits.

Habib2342

Why is everyone on this forum jumping to the conclusion that I am or have been a perpetual speed offender ever since I started my motoring career ? I'll have you know this was the first time I've been caught and yes I am paying the price and am now acutely conscious of my motoring usage.

I very much doubt anyone out there who drives a car will not at some stage veer close to or breaking a speed limit somewhere in the country at some poin in their lives...rushing to get to work, going to hospital because your wife is going into labour etc....

I will not be the first and will not be the last....