The soap powder
Winger
that's not the tax that's the amount I pay each month to lease the car and that's all in tax,insurance ,maintanence
second hand car or new lease car
- Thread starter The soap powder
- Start date
that's not the tax that's the amount I pay each month to lease the car and that's all in tax,insurance ,maintanence
burro nunn
Winger
Just get the lease if you can afford it. New cars are class 
and hassle free motoring, well usually.
and hassle free motoring, well usually.
The soap powder
Winger
did think of using it as a deposit
Just get the lease if you can afford it. New cars are class
that's the tempting bit to be honest a new car and very little hassle
HANDSOME_DAN
Midfield
Don’t understand how you pay 350 and it smashes the tax code
https://www.autotrader.co.uk/classi...d=New&onesearchad=Nearly New&onesearchad=Used
And £100 saved for fuel. It’s not mine either
And £100 saved for fuel. It’s not mine either
The soap powder
Winger
its classed as benefit in kind as its through work so more like a company car really so I pay more tax for it
Goat Eyes
Striker
It’s £350 a month though, what would you use that money for? Money down the drain if it’s leased.
You could take £10k loan plus your £4K deposit over three years and have a decent 2/3 year old car with equity and ownership at the end.
HANDSOME_DAN
Midfield
It really isn’t a benefit in kind at all if you have to pay 350 of your own money to drive one of those
What’s the mileage “cap” on a lease car? Arnt the mileage charges paid over quite a small mileage? I heard some are as low as 5k
The soap powder
Winger
that's what it is classed as though
you can choose the mileage and the price goes up or down accordingly
I'd be frightened to use it
The soap powder
Winger
HAHA well you set your miles and price when you first get it but if you go over the miles over the 3 year lease plan you get hammered for more money when you hand it back
Walter White
Midfield
I went second hand when faced with this dilemma. Picked up a right bargain, got an 08 Fiesta for £1800, 35k on the clock. Just had it’s timing belt done and sailed through it’s MOT.
M
miltonunez9
Guest
Under a grand for a low mileage Yaris is the way to go
The soap powder
Winger
need something a bit bigger got 2 little ones a teenager and another one on the horizon haha .... do you know any cheap mini buses ?
Must be a very expensive company car if its costing you 350 a month in real money terms even your a 40% tax payer
Spike
Full Back
I will always buy a 2-3 year old car and run it into the ground now, learned my lesson with brand new cars and seen plenty of people learn their lesson with lease cars
I would only get a lease car if I had a higher income and seen it as a simple expense like a phone contract or gym membership
I would only get a lease car if I had a higher income and seen it as a simple expense like a phone contract or gym membership
tooliohelmet
Striker
You're looking at the wrong websites if you're paying 350 for those cars. Have a look at select car leasing in their specials, you'll end up with a Merc or something with that budget!!
HANDSOME_DAN
Midfield
If it’s a BIK you pay for it via the tax code reduction. It doesn’t sound right if you are taking the big tax hit and they deduct your pay by 350 for a golf
