oh, the irony

[timwilky]

oh, the irony.

This morning, I received confirmation that after 19 years of company car ownership, the lease company would be collecting my car tomorrow. I knew it was going to happen, I have been regraded and no longer entitled etc.

So a new acquisition to the company requires their hand holding for the next 6 months, they are 80 miles from my home and my boss has put my name in the frame. I have to meet them on Friday.

Should I get the job the company will have to provide me with a hire car for the next 6 months. I guess they will have to re-evaluate my entitlement to a car or it is going to cost them a fortune.

You have to love them, they are giving me a small salary increase to compensate for the loss of my car. and potentially a new car anyway.

[Stig]

Fingers crossed on the new car then. :)

[kaivalagi]

Larger companies can be so short sighted sometimes, all about the GL right now...and more than likely driven by someone's appraisal objectives etc etc. Leasing will come out of one budget whilst renting another no doubt :lol:

Fingers crossed on the new car though, win win!

[B1k3R]

Think about the savings in tax. Make sure the revenue people know. Can you go for mileage? Could be worth a mint.

[Bluepete]

Use your bike!

Sorry, what was I thinking about, you don't work Sundays do you!

Pete ;)

[-Ralph-]

160 mile round trip every day for 6 months?

If so and you have no company car or car allowance they should pay you full rate for mileage right? So that's 130 days x 160 x £0.40p per mile = £8320 in your expenses.

Go haggle a good deal and spend 2 grand on a car that's just been MOT'd, taxed and serviced, spend 3 grand in fuel, sell the car when your done for the same you bought it for, and spend the £5+ grand profit on whatever you like.

[Ed]

Use your bike!

Sorry, what was I thinking about, you don't work Sundays do you!

Pete ;)

:smt082:smt082:smt082

[andrewsmith]

160 mile round trip every day for 6 months?

If so and you have no company car or car allowance they should pay you full rate for mileage right? So that's 130 days x 160 x £0.40p per mile = £8320 in your expenses.

Go haggle a good deal and spend 2 grand on a car that's just been MOT'd, taxed and serviced, spend 3 grand in fuel, sell the car when your done for the same you bought it for, and spend the £5+ grand profit on whatever you like.

Now that is a plan!!!

Tim haggle for that!!

[B1k3R]

160 mile round trip every day for 6 months?

If so and you have no company car or car allowance they should pay you full rate for mileage right? So that's 130 days x 160 x £0.40p per mile = £8320 in your expenses.

Go haggle a good deal and spend 2 grand on a car that's just been MOT'd, taxed and serviced, spend 3 grand in fuel, sell the car when your done for the same you bought it for, and spend the £5+ grand profit on whatever you like.

That was my thinking to Ralph. Just remember that the allowance drops at 10k miles I think to 25p per mile.

I used to earn a mint on own car mileage allowance.

[Stig]

160 mile round trip every day for 6 months?



I've been doing nearly that for the past year. Unfortunately I don't get fuel expenses :(

[timwilky]

My company insist you use hire cars for journeys more than 15 miles. end of.

They think them cheap, but by the time you add delivery/collection charges etc. The £25/day they budget them at suddenly becomes more like £75.

Because it is away from my permanent place of work, I could claim, as others have said the mileage breaks at about 10,000 miles to the lower rate.

160/day is not difficult. I used to do 256/day. but that is the reason I got back on two wheels. after 9 months of it I woke up one day in hospital, my blood pressure through the roof. My brother visited me and said when out get back on a bike, you are too busy trying to stay alive to worry about work, family etc. so bought a bike and was taken out 6 days later. great advice!

[-Ralph-]

The question of 160 a day, was to determine if that assumption was correct ie: every day? Not an exclamation of how much mileage it was. 1000-1200 miles a week has not been unusual at all for me at some stages in my career. Driving doesn't stress me particularly, it's just like sitting watching a boring wide-screen TV. 4-5 hours driving a day does take a hell of a lot of time out of your life though, early starts and late finishes, so that gets you down, and sitting still for that length of time on a regular basis causes problems for me, I always have knotted and spasmodic muscles in my back and shoulders.

I forgot about the 10,000 mile thing, but 20k over a 6 month stretch would still make you a couple of grand.

I had a Sierra 1.8td when I first met my wife, that I bought off my Uncle who runs a taxi firm, it had done 480,000 miles (2nd engine, 3rd gearbox). My wife lived in Northwich and I lived in Edinburgh, so I was doing that every Friday night & Monday morning, plus being on the road fixing computer systems the length and breadth Scotland during the week and claiming full mileage rate. I sold it with 520,000 a year later when I got my first company car, and calculated that I had driven to Northwich every weekend, not just for free, but I had made 500 quid, all costs taken into account (fuel, insurance, tax, etc). 40,000 miles of motoring for -£500 was pretty good going in my book.