New company car time....what to go for??

StevieP

StevieP

StevieP

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Chesterfield
As title I've been informed by work that the time has come to chop in my 2014 plate Mondeo for something a bit newer!

Max budget is £16k and they usually don't like us to go for cars more than 12-18 months old.

My last 3 company cars have been a Mondeo, Octavia and a VW Golf (with the Octavia probably being the favourite of the 3!)

I don't want anything too high on the CO2 side of things due to the company car tax implications and I've got 2 kids so I can't go all 2-seater sporty either!

Any suggestions from the most passionate motor-folks out there??
 
With a company car you always pay tax on the new (list) price of the car. The cost at which the car is bought is totally irrelevant for tax purposes.

OP, if you have any option other than taking a company car I'd do that! This is not a good deal for you at all.
 
arfoll said:
I've never seen a second hand company car scheme. I'm curious how this works BiK wise? Do you pay company car tax on the retail value of the car or the 2nd hand value? If the first surely this scheme makes no sense?
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Yeah always retail value. It makes even less sense if due to circumstances within the company your current company car is nearly 8 years old with 135000 miles on the clock. My tax liability is about what the car is worth out right :rolleyes:
 
lordrobs said:
Yeah always retail value. It makes even less sense if due to circumstances within the company your current company car is nearly 8 years old with 135000 miles on the clock. My tax liability is about what the car is worth out right :rolleyes:
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I have always wondered this myself. Makes very little sense to me. :(
 
No other options I'm afraid - our place has always just bought the cars and changed them every 3 to 4 years! (I just do as I'm told - not high enough up the food chain to demand the reasoning!)

As far as requirements goes, not fussed about petrol or diesel (although today's budget seems to add 1% to company car tax to diesels!)

Also not too fussed about manual or auto but I've always had manual cars so probably best to stick with that!
 
For £16k second hand i would see if you can squeeze a 320d in there.

Autotrader says you can get a 2 year old sub 20k 320, but its pot luck what trim.

Ive got one, as far as company cars go.... its decent enough.

Although mine has just has a brand new engine at 80k due to cam chain failure.
 
Not keen on BM's if I'm honest! (just personal preference really, no other reason!)

Mileage-wise I don't do an awful lot - maybe 12-15000 absolute max!

I've been looking today and while I've never even driven one, I quite like the look of the Volvo V40's - decent spec and not bad by the looks of things on the emissions side!
 
Hybrids are your golden ticket to a cheap company car, something like a Lexus CT200h would be worth a look.

If there is genuinely no cash alternative on the table, then it's bloody cheap motoring really.
 
Octavia and Leon would be my choices TBH with the criteria you mentioned. Probably of the TSI petrol variety with the mileage you've stated but I wouldn't rule out a diesel.
 
StevieP said:
No other options I'm afraid - our place has always just bought the cars and changed them every 3 to 4 years! (I just do as I'm told - not high enough up the food chain to demand the reasoning!)

As far as requirements goes, not fussed about petrol or diesel (although today's budget seems to add 1% to company car tax to diesels!)

Also not too fussed about manual or auto but I've always had manual cars so probably best to stick with that!
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Intrigued how this works if the business buys second hand - do you find a car at a dealer and tell work to buy it?
 
#Chri5# said:
Intrigued how this works if the business buys second hand - do you find a car at a dealer and tell work to buy it?
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Pretty much yes! Obviously there are geographic restrictions sometimes but for the most part I just go out and find a car within budget, run it past the MD and he says yay or nay!
 
Had a quick look at the Lexus mentioned and they look nice but seem to be a little out of budget if I'm after a 2017 model! (And they are all automatic, which would take a bit of getting used to!)
 
Do the company consider the maintenance costs before OK'ing a purchase ? so would a Lexus hybrid be less likely to be accepted anyway.
 
jpaul said:
Do the company consider the maintenance costs before OK'ing a purchase ? so would a Lexus hybrid be less likely to be accepted anyway.
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Maintenance is naff all.

It's under warranty for 3 years or 60k miles and then you can buy additional warranty for less than £250 a year.

Servicing albeit regular (every 10k) isn't too bad with only the major services being dear.

As for automatic it doesn't have any gears. So it's smooth. All hybrids are automatic. As for getting used to I think it takes all of 30 seconds to adjust its the most simplest form of driving
 
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