Quote:
Originally Posted by gidoc
Great, sounds like you know about this kind of company lease.
Quickly, can I ask if the company car scheme, asking for ' salary sacrifice' before tax,NI and pension; eventually cost saving, even if you do end up paying 'benefit tax' of about £3000 annually.
I havent paid anything for requesting a new car on a private lease, I never do. I know the car has been ordered as I finalised the specs a few weeks ago, it is not via a BMW dealer directly but through a leading Finance company which I think owns a BMW dealership. They just happen to give me a great service with out any deposits or advances.
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Yes. Even w the tax there is a monthly saving of about £100 or so. Over and above that you won't be having to pay out for road tax, insurance, breakdown cover, tyres, servicing etc. Dirty math suggests that little lot would average to a grand a year.