My old man will be looking for a new motor if he takes a new job. His old company car will go back, and his prospective new place offers an £8k p/a car allowance with fuel card in place of a company car scheme.
He likes the flexibility of his current Mondeo Graphite TDCi 115 Manual 5dr Hatchback, but his new job would be starting up a new office of an existing company as a partner and might be persuaded to go for a saloon/estate.
Tax on the allowance would leave him with £4,800 plus the circa £1,700 he loses in tax on his current company car. This would need to cover depreciation, maintainence, tax and insurance.
He dosen't want a brand new car for depreciation reasons, and wants to be able to sell the car at any time without being in negative equity if neccesary.
Annual mileage is unknown. He is currently doing circa 40,000 miles per year, but this is likely to drop dramatically as his new office could be within 5 miles of home. That said, it's probably best if we estimate annual mileage at 20-25k per year.
He's 47 with 3 of 9 points still valid, and no NCB.
He would consider an auto, and emissions and fuel economy aren't an issue.
I've suggested a A4 2.5 TDI Quattro 180/S4 Avant and a E39 530d/M5.
Open to suggestions to spending less (or more) per year, and the reasons behind the choice etc.
So, what would you guys choose/recommend?
He likes the flexibility of his current Mondeo Graphite TDCi 115 Manual 5dr Hatchback, but his new job would be starting up a new office of an existing company as a partner and might be persuaded to go for a saloon/estate.
Tax on the allowance would leave him with £4,800 plus the circa £1,700 he loses in tax on his current company car. This would need to cover depreciation, maintainence, tax and insurance.
He dosen't want a brand new car for depreciation reasons, and wants to be able to sell the car at any time without being in negative equity if neccesary.
Annual mileage is unknown. He is currently doing circa 40,000 miles per year, but this is likely to drop dramatically as his new office could be within 5 miles of home. That said, it's probably best if we estimate annual mileage at 20-25k per year.
He's 47 with 3 of 9 points still valid, and no NCB.
He would consider an auto, and emissions and fuel economy aren't an issue.
I've suggested a A4 2.5 TDI Quattro 180/S4 Avant and a E39 530d/M5.
Open to suggestions to spending less (or more) per year, and the reasons behind the choice etc.
So, what would you guys choose/recommend?
