Would you have an electric car if you had the money for a new car and were in the market for one?

[Ant]

Interesting take on where we are with battery cars by a surprising author - Mr Bean. (Rowan Atkinson appears to be better academically qualified than most to comment given his degrees). My summary - for those that lose interest in anything with more than 12 words and no pictures, or are allergic to Guardian links - don't buy one, yet.

https://www.theguardian.com/commentisf ... App_Other

Would you take advice from someone who painted his living room by stacking paint in the middle and putting dynamite in the tin?

[Noggin]

Interesting take on where we are with battery cars by a surprising author - Mr Bean. (Rowan Atkinson appears to be better academically qualified than most to comment given his degrees). My summary - for those that lose interest in anything with more than 12 words and no pictures, or are allergic to Guardian links - don't buy one, yet.

https://www.theguardian.com/commentisf ... App_Other

Would you take advice from someone who painted his living room by stacking paint in the middle and putting dynamite in the tin?

Well, did it work??

[Ant]

Interesting take on where we are with battery cars by a surprising author - Mr Bean. (Rowan Atkinson appears to be better academically qualified than most to comment given his degrees). My summary - for those that lose interest in anything with more than 12 words and no pictures, or are allergic to Guardian links - don't buy one, yet.

https://www.theguardian.com/commentisf ... App_Other

Would you take advice from someone who painted his living room by stacking paint in the middle and putting dynamite in the tin?

Well, did it work??

[Taipan]

Interesting take on where we are with battery cars by a surprising author - Mr Bean. (Rowan Atkinson appears to be better academically qualified than most to comment given his degrees). My summary - for those that lose interest in anything with more than 12 words and no pictures, or are allergic to Guardian links - don't buy one, yet.

https://www.theguardian.com/commentisf ... App_Other

I came very close to buying a Tesla but had to scratch the Range Rover itch. Really glad about that now!!

[Noggin]

Would you take advice from someone who painted his living room by stacking paint in the middle and putting dynamite in the tin?

Well, did it work??

Weeeell, was a good job apart from the interloper

[Mussels]

Interesting take on where we are with battery cars by a surprising author - Mr Bean. (Rowan Atkinson appears to be better academically qualified than most to comment given his degrees). My summary - for those that lose interest in anything with more than 12 words and no pictures, or are allergic to Guardian links - don't buy one, yet.

https://www.theguardian.com/commentisf ... App_Other

Nice to see a counter to Krytons devout faith. I don't understand why he made a deal out of people only keeping new cars for 3 years, they will be sold on to other people but he talks like they still go straight to scrap.

[ZRX61]

Saw a Faraday Future FF91 on the freeway today.. it was on dealer plates so I assume they still haven't managed to sell one. It was HUGE.

[Horse]

Saw a Faraday Future FF91 It was HUGE.

[Taipan]

Saw a Faraday Future FF91 on the freeway today.. it was on dealer plates so I assume they still haven't managed to sell one. It was HUGE.

I'd never heard of one, so I looked it up. Impressive! For anyone else that doesn't know what one is...

[Mr. Dazzle]

Name's a bit unoriginal innit? It's like a Tesla knock off.

[Taipan]

[Mr. Dazzle]

Latest employee car scheme list dropped this morning, there's an EV on there now Lovely 350 mile ranger too, with all the super fancy add ons and YouTube drag racing ability. Only £70pcm more than my derv!

Sadly I've got a year left to run on my current wagon, but hoping this is the first of many.

[Mr. Dazzle]

Nah it's not a company car - it's just a "here's a massive discount" car. Still a private vehicle. I can get everything from a hatchback to a V8 SUV.

In fact, I can have two! Mrs. D doesn't want one, she prefers a beater

Lesser mortals within the parent group have their car availability tied to their role/grade...but not us, we're on the special nerds scheme

[Mr. Dazzle]

Haha..not allowed to do that

I supppose technically maybe I could. I have to give them first refusal to buy it off me, I imagine they never refuse.

[Rockburner]

I sold my 911 to a bloke whose company (a semi government entity) had a scheme where they would pay half towards it. He was very happy about it.

The company paid me with a cashiers cheque. We went and cashed it together.

I think the deal was it had to be <3yrs old and he has to keep it for 3yrs, or maybe it was he’s only eligible every 3yrs, I forget now.

My Dad had (possibly*) the best "company car" scam going.... He bought his Aston DB4/5 when it was about 5 years old (bottom of it's value as it turned out) - but he bought it as a company car, so the company effectively footed the bill and it became an asset... a few years later he's become a partner and the Aston is still on the company books, parked in his garage and slowly it's value to the company is going down (depreciating asset), and he eventually buys the car for a pittance from the company when it was (to the company), written off....


Obviously the "actual" value of the car had been growing. Long term plan, yes, but it paid off



* possibly not: would have paid off better if the car had gone for a decent value at the auction!

[Yorick]

When I had my own Ltd company I bought my first GSXR1000.
And bought very nice Dainese leathers and Arai etc.
All went through the books and reclaimed all the VAT.
Did loads of trackdays so all tyres etc also went through the books.
When I shut the company I bought it for myself for a nominal fee and put the depreciation through the books

Had a good accountant

[gremlin]

And you lot have the balls to slag off bankers.....

[ChrisW]

Name's a bit unoriginal innit? It's like a Tesla knock off.

Bloody cagers.

[wheelnut]

When I had my own Ltd company I bought my first GSXR1000.
And bought very nice Dainese leathers and Arai etc.
All went through the books and reclaimed all the VAT.
Did loads of trackdays so all tyres etc also went through the books.
When I shut the company I bought it for myself for a nominal fee and put the depreciation through the books

Had a good accountant

Trouble is, that ‘nominal fee’ has to be fairly realistic and that will be reintroduced as profit with the vat to be added.

If you don’t do it at a realistic market value, and HMRC notices, they will take offence.

(I’ve done 5 through the business so far, and it’s all good till you step off the merry go round).

[Mr. Dazzle]

My set up is pretty simple...they just lease the car to me for loads less. Financially it's set like any other lease, they merely choose to sell/lease me the car at a much lower price because they can. Does kinda make you realise the margins on the car in isolation There's no BiK implications or anything like that cause I'm buying it "with my own money" so to speak.

There's a list of 20-30 cars I can get, generally it's stuff which is selling less well. They spec em up to the nines, then sell em to the employees for a bit before buying them back for used stock. Keeps the production lines supplying and generates a steady stream of well specced used cars.

Does explain why I've got a diesel saloon, nobody wants those Hence my surprise that there are EVs coming through now.