Buyer's Guides
Used company car?
You may not be able to cheat the taxman, but you can play him at his own game - and buying a used company car is one tactic.
Plump for something that's over 15-years old and the Inland Revenue will deem it a classic. So that dream of a Porsche 911 can make sense.
The taxable value is what the car is worth in the current market place, rather than original list price.
Plump for something that's over 15-years old and the Inland Revenue will deem it a classic. So that dream of a Porsche 911 can make sense.
The taxable value is what the car is worth in the current market place, rather than original list price.
Its tax liability, or the percentage of its value you stump up every year, is based on engine size rather than carbon dioxide output.
Think carefully before choosing this route. Classic cars are like 15-year old children: costly to run, time intensive and not always keen to work.
Here are some good used buys to consider:
Nissan Micra
Skoda Fabia
Honda Jazz
Volkswagen Golf
Mini Cooper
Vauxhall Zafira
Skoda Octavia
Vauxhall Vectra
Honda CR-V
Seat Alhambra
Mazda MX-5
BMW 3-Series
Volvo XC90
Mazda 6
BMW 5-series
Mercedes S-class
Look each of them up in Drives for more info...
Think carefully before choosing this route. Classic cars are like 15-year old children: costly to run, time intensive and not always keen to work.
Here are some good used buys to consider:
Look each of them up in Drives for more info...