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Another route is to check if you have legal cover on your home contents policy. Some include it free others charge extra. Some policies will exclude anything to do with cars, but most exclude anything EXCEPT excep purchasing of a car. If you do have cover pass it over to them. A legal...

All income counts when it comes to tax. Add it all up and you then pay tax on the portions that fall within each boundary. BIK is just a way of calculating what the equivalent pay rise would be instead of the company giving you a car. So BIK just gets added onto your income for tax purposes...

If they spilled the beans on the criminals in the program, then there would be no more program's exposing their tricks. I haven't seen the program, but I agree that some are just sensationalism and there's nothing to be learnt from the criminals, but from what I hear this isn't one of those...

I had the same debate generally before going the contract hire route. It only works for me because I'm already on the edge of the 40% tax band for at least the entire lease term. Paying BIK and handing the car back works out a lot less than taking out the money and buying it - both for me and...

Ok, and any dividend? Do this. Calculate the BIK price of your car. It'll be something like 14/15% of its retail price. Let's call this X Now figure out in the tax year how much salary + dividends you will be taking out of the company. Based on this total find your tax rate: Less...

Yeah my original argument with the dealer was if you discount the car by 1k then recalculate the finance I only actually get a equivalent discount of about half that, because I'm only really funding about 45% of the car (over 3 years). The situation is worse with a shorter lease. The problem...

Lack of sleep is contributing to me not understand what you mean :/ The company can claim back half the VAT on the lease payments. You have to pay the calculated BIK times your current tax rate. This is an income tax thing and nothing to do with the company.

Sure, that can explain the 9k difference. There's the missing information right there.

Sorry it still doesn't equate to me. Yes everything you say is true about parts, service etc, but the bottom line still does matter and a lot more than 9k. Yes they have a low mileage car at the end but that's relative. The mileage limit is factored into your lease amount. If the end value...

Yeah it does. I'll have another go later today.

Hmm that doesn't sound right to me. In these cases someone somewhere has to take the hit, it's not possible to magic back that 9k. So something is too good to be true here. Either you've done too many miles, that estimate is wrong, or you have no guaranteed value at the end of the lease...

I remember a long time ago I saw H15ECC Or with spaces... H1 5EC C

It has a round mechanical wheel to make the seat go up and down, two electric switches on the seat which make it go forward and back and lean back/forward and then it has the seat shaped buttons on the door, but no M or 1,2,3,4 etc buttons next to it! Really odd actually. It's a brand new...

True but it's very very hard to prove its 100% business use. Only cars or vans equipped for business use like say a van with drainage equipment bolted to it, or driving school cars go unquestioned. In reality if the car is parked at your home, and/or only you use it and don't have a second...

Nope selecting either mirror and putting it into reverse didn't do it. It has electric seats, but I couldn't see any memory button so I guess it doesn't have the memory seats package. Oh we'll let's hope I don't kerb an alloy in the next month :/

You should probably start your own thread as this diverts from the main topic of the OP. That said I can reiterate my original answer in more detail which may also help the OP. I assume from the above you're in a very similar situation as me, EXCEPT: - You draw minimum salary from your own...

Just remember on a business lease you'll pay benefit in kind tax. This is calculated based on emissions and your current tax band. You can find calculators online for it. As an example I have a c220 on business lease, and I own my own business. The OTR price is just shy of 40k. Because...

Hmm thanks guys. I haven't driven it much so not been able to test your suggestions but I'll have a look later today and report back! I drove it in such a rush I don't even remember if it has memory seats lol.

My w205 order was delayed for a month so I've got a brand new c180 w204 as a loaner. When I reverse to park the mirrors don't tilt down, am I missing something or is this some add on this car doesn't have? It has a reversing camera so I'm surprised the mirrors don't also tilt down.

I think there's only normal suspension and sports suspension, and then airmatic. The amg line is just the trim and styling. I agree with you though, if there's no urgency try a car that's the spec you actually want or very close to it when it's available and then make your decision...