dannymccann
Member
Registered: 9th Aug 06
Location: Doddington, Lincolnshire
User status: Offline
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All depends on your mileage I guess? Do you spend £160 a month on running your own car you use for work now? If you do, then its probably likely worth it getting a brand new car you dont have to give a shit about, what an amazing decision you have to make  I wish I was in this position 
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Daniel_Corsa
Premium Member
Registered: 21st Apr 04
Location: Wigton, Cumbria
User status: Offline
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Take the car!
No fuel, no tyres, no servicing, no breakdown to worry about!
Personal use, so can sell your current car and put towards the other half's R26!
Try push for a 320 efficent dynamics, cheaper for the company and cheaper to you also better fuel economy so less running cost to your company!
April '06' Corsasport Feature Car  | Aug '08' Total Vauxhall Feature Car | Spring '09' Fast Car Feature Car
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Matt H
Member
Registered: 11th Sep 01
Location: South Yorkshire
User status: Offline
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Go with the car - Less of a risk if you lose your job
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djgritt
Premium Member
Registered: 1st Nov 07
Location: Dorset Drives: Focus ST / Hyundai i20N
User status: Offline
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Get the car.
I get a similar option through work - went for the car instead of the cash option - works out so much better.
We get a free choice of whatever we want for a car, as long as it has a minimum of 4 doors - I pay a bit under £150p/m for my Mazda 6
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deano87
Member
Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
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Go for the car. Hassle free motoring and in the long run better value than your own, imho. Plus the 1 Series is a fantastic car.
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Graham88
Member
Registered: 16th Apr 07
Location: South East Kent Drives: E46 M3
User status: Offline
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Definetly the car. Hassle free motoring is something you can't account for in money, makes life alot easier! It's not like you need the extra 6k on that wage.
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Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
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took car allowance personally
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Matt H
Member
Registered: 11th Sep 01
Location: South Yorkshire
User status: Offline
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Our work policy changed last year & now they only pay an allowance. People seem to get a pretty good deal though, like £500 per month plus they will no longer be paying CC tax
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noshua
Member
Registered: 19th Nov 08
User status: Offline
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quote:
Originally posted by Bart
What do you mean?
At 47k you'll take home 28k and no car, at 41k you'll take home 27k and a car, all +\- a few ££ of course.
I was just mentioning you need to factor in the additional elements, such as servicing, tax, etc to the ~350 (the figure you worked out the TAX to be).
I don't know where you got the ~350 from.
If you're being taxed £160 a month, that's £1920 a year, which seems extremely cheap, considering you won't have to worry about fuel, insurance, tax, mot costs, servicing, etc.
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