£39,724!

glasshouse

Member
Location
lothians
The trouble is if you wish to run a 5 seat vehicle within the confines of a limited company, pickups like these are one of the few that class as a commercial and not a car, therefore shielding you from the financial clattering that is Company-car tax.
Most crewcab vans available such as the Vauxhall Vivaro, HMRC have classed as in-scope for company car tax.

As an aside.... Am absolute base spec small mass-market car such as a Golf is now priced at over £20000.
Not to mention the vat
 

David.

Member
Mixed Farmer
Location
J11 M40
I don't understand why anyone would buy a brand-new vehicle except if it was buy a company, for tax reasons or you are in retirement and need to spend money before you perish?

Please explain the different between a 3 year old Golf with some miles on it vs a brand new one which costs you 20K and smells new? It's a Golf, not a fudging Ferrari.
Trouble is a 3yr old low miler, out of a dealership still looks damned expensive.
 

som farmer

Member
Livestock Farmer
Location
somerset
just go to mkt, look around the carpark, farmers need more money to survive ? How does that go down, with a 'townee' owning a x2 car, stood in said carpark ? I know there is a lot more to it than that, but an outsider doesn't.
 

Bill the Bass

Member
Livestock Farmer
Location
Cumbria
People are buying into the idea of a "lifestyle" - much the same with the Chelsea tractor fad of a few years ago, currently the crossovers & now moving to pickups. I know a sparky who has one "for work" - absolute waste of time as he can't store anything in it, park it on a job and it gets emptied!

The other part of it is the proliferation of PCP type finance deals that allow folk to borrow more than they could afford with conventional loans - this allows car manufacturers & dealers to bump prices up to make their sales figures look good.

As I understand, the PCP deals fall down when the car is worth less at the end of the deal than the dealer says at the start and so people end up in negative equity with a car, the dealer then rolls this debt up into the next deal and the punter gets in even more debt. You can conceivably see this happening with mass market pick ups like fords as their second hand value plummets because there is so many around.
 

TheTallGuy

Member
Location
Cambridgeshire
I don't understand why anyone would buy a brand-new vehicle except if it was buy a company, for tax reasons or you are in retirement and need to spend money before you perish?

Please explain the different between a 3 year old Golf with some miles on it vs a brand new one which costs you 20K and smells new? It's a Golf, not a fudging Ferrari.
Warranty, servicing, MOT... & most importantly keeping one step ahead of the Joneses!
 
Location
Cleveland
I don't understand why anyone would buy a brand-new vehicle except if it was buy a company, for tax reasons or you are in retirement and need to spend money before you perish?

Please explain the different between a 3 year old Golf with some miles on it vs a brand new one which costs you 20K and smells new? It's a Golf, not a fudging Ferrari.
Agreed....but some people’s driving and vehicle maintenance leaves a lot to be desired
 

Half Pipe

Member
As I understand, the PCP deals fall down when the car is worth less at the end of the deal than the dealer says at the start and so people end up in negative equity with a car, the dealer then rolls this debt up into the next deal and the punter gets in even more debt.
I think this is why new prices are increasing as much to try drag 2nd hand prices up to allow PCP finance company/dealer/manufacturer to make money on current deal, then just juggle figures to keep monthly payments similiar on next vehicle
 

Netherfield

Member
Location
West Yorkshire
nissan.png
 

SFI - What % were you taking out of production?

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