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Model specific boards => Golf mk7 => Topic started by: fredgroves on 13 September 2016, 16:06

Title: Has anyone ever purchased their lease car?
Post by: fredgroves on 13 September 2016, 16:06
Just wondering what sort of price a lease company will offer?

CAP book value (ie what they hope to get at auction) or some sort of crazy retail value?

I know full well they just dump the things at the nearest car auction...

Am just mulling over my options now it looks like HMRC are about to make company cars a thing of the past...
Title: Re: Has anyone ever purchased their lease car?
Post by: kelvyn29 on 13 September 2016, 16:21
Just wondering what sort of price a lease company will offer?

CAP book value (ie what they hope to get at auction) or some sort of crazy retail value?

I know full well they just dump the things at the nearest car auction...

Am just mulling over my options now it looks like HMRC are about to make company cars a thing of the past...

Not purchased one before but did look at buying my current company leased Focus ST & was about 2k under forecourt prices.

Intrigued about the company car comment being histroy, do you have any further info what is meant by that?
Title: Re: Has anyone ever purchased their lease car?
Post by: fredgroves on 13 September 2016, 17:11
This:

http://www.autoexpress.co.uk/car-news/consumer-news/96943/half-a-million-drivers-to-face-company-car-tax-clampdown

Basically, no tax/ni savings any more... little or no advantage in a company scheme for employees or employers. Which is nice.

So I am scrabbling around looking at options....starting from that glorious place of having no capital lump sum to put down for a PCH/PCP/purchase.