£400 car allowance a month

ANDREW500

Hello All, I have £400 car allowance each month. I would be greatful for any advice on the following.

Used vs new cars
companies to buy from
expections of car for £400

Thanks
Andrew

piggeh

1)new cars are better, used cars are cheaper
2)Depends if you're buying, leasing, buying used/new etc
3)£400 a month? £400 outright?

what is your mileage? job? what do you need a car for? where's the allowance come from?

ANDREW500

My mileage is around 15,000
My company car policy has changed, I will be given £400 towards a car each month per year.

I believe the best option is to go for a PCP?

bclark

Remember that £400 will be dimished by tax, National Insurance etc. Look into lease costs as you can often get good deals including Maintenance etc.

sniper666

As the other guy has said it depends just what your after wther your buying or leasing and what type of leasing contract you would be looking for.

If you want to find some great car leasing deals you could take a look at Total Fleet Services I have used them for ages now.

http://www.lease-hire.co.uk

If you want to find the best deals though use a comparions website, http://www.carpricechecker.co.uk/ is a good one.

anewman

Buy a car for under £1000 and after a couple of months the £400 can go towards petrol, repairs, MOT etc - and also your pocket.

£400 outright may get you a Skoda Felicia which should be a decent enough reliable car.

jamesa007

www.motorpoint.co.uk are a good web site with low cost vehicles and i think you can use tesco vouchers for £10 off per £2.50 voucher!!

Dont waste the £400 a month on a high expensive lease. Save the money thats £5k wage increase for you!

anewman

jamesa007 wrote: »

www.motorpoint.co.uk are a good web site with low cost vehicles and i think you can use tesco vouchers for £10 off per £2.50 voucher!!

You'll be alright if you can get together £1000 worth of tesco vouchers

bclark

anewman wrote: »

Buy a car for under £1000 and after a couple of months the £400 can go towards petrol, repairs, MOT etc - and also your pocket.

£400 outright may get you a Skoda Felicia which should be a decent enough reliable car.

In most cases when a company offers you money as a Car allowance there are certain requirements put in place for what the Car should be such as not over a certain age etc.