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Whats the best option for high mileage?

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  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    LPG converted LSs are hardly unusual.
  • alan_d
    alan_d Posts: 364 Forumite
    Sixth Anniversary 100 Posts Mortgage-free Glee!
    I also have a (slightly lower) car allowance, but get stung 40% income tax and NI on it, so remember to factor that into your calculations (as well as the BiK you now won't be paying on a company-car).
    My company (officially) have a max 100,000 mile condition, but in practice don't enforce it.
    I usually buy cars around 3-4 years old outright and that leaves plenty in the maintenance pot - especially as I do most of it myself ;)
    As others here have suggested, the most cost effective route is to buy something outright that has done most of the depreciation already, with a loan if you have to - and you'll be quids in.
    Check the road tax costs and get some insurance quotes also - may be steep for the first few years as you have no personal no-claims bonus. Make sure you add business-use cover.
  • almillar
    almillar Posts: 8,621 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    LPG converted LSs are hardly unusual.


    OK then, lots and lots and lots +~10% of gas. Hope it's got a big tank and you live handy to a station.
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