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Car allowance vs company car
Peopee
Posts: 3 Newbie
Greetings!
I should be shortly starting a job where I'll have the option of a company car or a quite generous car allowance.
As part of the company policy, if you take the allowance you have to use it on a PCP lease and the car must meet certain requirements.
My question is, on a mortgage application would it look better to have:
Any advice appreciated!
I should be shortly starting a job where I'll have the option of a company car or a quite generous car allowance.
As part of the company policy, if you take the allowance you have to use it on a PCP lease and the car must meet certain requirements.
My question is, on a mortgage application would it look better to have:
- 1 A lower salary with no expense spent on a car (apart from BIK)
- 2 A much higher salary, but with about £500-£600 on a lease
Any advice appreciated!
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