View Full Version : Lease car via my Company or Private?
amaze
9th March 2009, 13:25
Hi,
I am looking to sell my current car after losing over 30k in a year on it - arghh! I think leasing looks a good option, however not sure if best to put via my business (which I am the only shareholder) or go private and direct? Sorry I'm sure this question has been asked lots of times, so any links to sites would be great.. :)
Thanks
sirearl
9th March 2009, 13:33
Might get some help from Ling.
http://www.lingscars.com/
Earl
garyk
9th March 2009, 16:15
I have leased in the past I always think its a better option to go private and claim back mileage. Ling is pretty competitive but I always go here www.contracthireandleasing.com (http://www.contracthireandleasing.com) to compare deals. Going private of course means you cant reclaim VAT but I think the pro's of private outweigh the cons.
30k in a year ouch! is that your car in the picture?
Buy a classic e-type and you wont lose a penny! The TR in my pic I bought for £6500, owned for a few years and sold for £6300 and no road tax to pay!
amaze
9th March 2009, 16:22
I have leased in the past I always think its a better option to go private and claim back mileage. Ling is pretty competitive but I always go here www.contracthireandleasing.com (http://www.contracthireandleasing.com) to compare deals. Going private of course means you cant reclaim VAT but I think the pro's of private outweigh the cons.
30k in a year ouch! is that your car in the picture?
Buy a classic e-type and you wont lose a penny! The TR in my pic I bought for £6500, owned for a few years and sold for £6300 and no road tax to pay!
Yeah its pros and cons...my accountants are crunching the numbers, but just wanted a users opinion as well.
Yeah thats my car - loverly car, just cost me arm and a leg and then some! ;)