melpaul2002

Advice needed please, current car is a 98 Terzo, all our company cars are bought 2nd hand so in theory i will be paying same tax as someone driving a new car.

I understand that from April i could be paying at least £ 250 per month in tax.

I am cosidering buying the car from my company 1 save the Tax each month, question is what should i be looking at as extra payment in my salary to cover the loss of my company car.

what do you feel the value of the car would be 2 years from now , probably about 80,000 on the clock in 2 years time.

NotoriousREV

I currently have a Lexus IS200 company car and from April will end up paying another £50 - £100 in tax, so it's going (in favour of some kind of boxer engined, turbo machine ) and I've negotiated a pay rise of about £6000 a year to cover it.

melpaul2002

Thanks for your advice, I feel my situation is slightly different as the car was bought already at 2 years old, so in effect my company have not had to suffer the biggest 1st year from new loss on what they paid.

so any payment i receive would have to take that into account as what its cost them.

come on guys estimated resale in 2 years someone mush have some idea.