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Post by bryan on Jun 21, 2020 11:43:28 GMT
I have just pressed the button on my next company car - all needs to be checked by the lease Co, so no idea of delivery dates etc
After a bit of good fortune I settled on the RR Evoque HSE with a few more toys than originally extended and as still in shock at the £56.5k list price but at least I only pay 6% tax on that
Pick up from other thread - I could have had a Tesla, iPace or even X5 phev but I like compact cars (never gelled with the Merc for that reason) and I couldn't like with the range anxiety (no matter how large) with a fully electric. Maybe when charging improves outside of the home
It ended up having the following toys on
18" wheel downgrade to get the cheap tax Fixed pano roof Matrix Premium LED lights 360 camera with see through bonnet and wade sesing Electric steering wheel adjust -linked to memory Spare wheel - mainly to keep Chris happy! Heated and Cooled Windsor leather seats Full Extended Leather pack inc Dash Black pack
They did say we needed to spend our way out of the lockdown!!
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Post by Martin on Jun 21, 2020 12:06:26 GMT
Good spec and well worth having the leather dash, as it will lift the interior another notch or two.
It’s a shame you have to get the small wheels, but makes sense from a tax point of view and they will give you a better ride quality as well.
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Post by bryan on Jun 21, 2020 12:12:42 GMT
I don't mind the smaller wheels from an atheistic viewpoint but a shame they don't give you any credit back for the 20s!!
I randomly ran another quote on Thurs evening and some discount must have been applied dropping the price by £90pcm since Monday - it meant I could get all the bells and whistles for less than the 'Sensible' spec SE. Irritating that if I hadn't have checked I could have paid out £4k for a worse car over the years...someone smiling down on me!
Now settle in for the wait and confirmation process!
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Post by Roadsterstu on Jun 21, 2020 12:28:33 GMT
Nice. Configurator won't display on my phone at mo but its the P300 PHEV?
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Post by bryan on Jun 21, 2020 12:31:34 GMT
It is the P300e PHEV - 300bhp and 40miles on electric only
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Baby RR
Jun 21, 2020 12:39:45 GMT
via mobile
Post by Alex on Jun 21, 2020 12:39:45 GMT
Sounds good Bryan, hopefully you'll enjoy it. Got some good options on there too for a company car, I doubt many will get the full Windsor leather!
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Baby RR
Jun 21, 2020 13:17:00 GMT
via mobile
Post by michael on Jun 21, 2020 13:17:00 GMT
That’s a nice car. Disappointed you didn’t join the rest of the Range Rovers on the forum and go for Bryan blue.
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Post by Martin on Jun 21, 2020 13:30:36 GMT
That’s a nice car. Disappointed you didn’t join the rest of the Range Rovers on the forum and go for Bryan blue. Bryan Blue..... I’m pretty sure Pete’s was replaced by the F Type, so he’s got only got the Silicon Silver one now. He’ll have to join the gangster side of the forum LR owners club instead!
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Baby RR
Jun 21, 2020 13:33:38 GMT
via mobile
Post by bryan on Jun 21, 2020 13:33:38 GMT
Unfortunately I can't get 'Me' blue on the Evoque
Plus the free black means I can spend the £15pcm on matrix lights!!!😄
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Post by ChrisM on Jun 21, 2020 13:54:23 GMT
Bryan Blue..... +1 !! Good choice ref the spare wheel.... with LR prices as they are , about the only bit of a LR I could afford would be the spare !
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Post by Martin on Jun 21, 2020 13:57:14 GMT
Is a space saver spare acceptable Chris? I’ve only got a space saver (20” and looks quite wide), but there is space under the boot floor for a full size 22” spare as it is an option on a new car.
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Post by ChrisM on Jun 21, 2020 14:10:18 GMT
^ Reluctantly, yes. The Captur, Fiesta and Kuga all have space-savers. Mum's old Volvo had an (optional) full-size alloy spare, and my old Galaxy also had a full-size alloy spare.
Just before lockdown, wife managed to split the sidewall of one of the Captur's rear tyres. Replacement had to be ordered for next day, I drove to collect it and the car drove distinctly odd with the space saver on the rear - almost to the extent that I thought there was suspension damage or something else weird going on. However once the full size wheel and tyre was replaced, all was well again. Perish the thought of what driving with a spacesaver on a front wheel is like......
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Post by Martin on Jun 21, 2020 17:53:44 GMT
Probably about as enjoyable as driving on a flat runflat! Back to the Ewok. I’m suddenly noticing them and driving out to the main road I passed a couple of older ones and 3 x 20 reg, all black. Two of the new ones have the 20” wheels and the one closest to our house is a basic one with black 17s. Not a good look.
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Post by bryan on Jun 21, 2020 18:03:50 GMT
The basic one with 17s are not nice - especially with cloth seats. That one has the dynamic pack which adds copper trim and different bumpers - It would be better to put the money into an S with 18s ....
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Post by racingteatray on Jun 22, 2020 11:40:55 GMT
Good spec and well worth having the leather dash, as it will lift the interior another notch or two. Yes, not specifying the leather dash is my one regret on the 440i. Enjoy it. I like the look of the new Ewok - it does the mini-Velar think quite well. Sadly neither I nor my wife gets so much as a car allowance, let alone a company car. It's not something law firms offer in general, and the consulting firm my wife works doesn't offer them either.
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Post by PetrolEd on Jun 22, 2020 13:06:10 GMT
Good choice Bryan.
To be fair Jonny, would you really want a company car given the poor choice available with the ever higher taxes and lower Co2. A car allowance would be nice but you get taxed a fortune and with a proper co car you end up spending nearly the monthly pcp payment in taxation without getting what you really want.
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Post by Martin on Jun 22, 2020 14:09:30 GMT
Good choice Bryan. To be fair Jonny, would you really want a company car given the poor choice available with the ever higher taxes and lower Co2. A car allowance would be nice but you get taxed a fortune and with a proper co car you end up spending nearly the monthly pcp payment in taxation without getting what you really want. Car allowances get taken into account when setting salaries, so it really wouldn't make any difference. If you're happy to drive something with a low Co2, then even if you're an essential user and wouldn't get a car allowance it's still significantly cheaper than running your own car. Using the Evoque as as example, the tax liability will only be £3,400 so it would cost a 40% tax payer £113 a month and that covers everything except fuel. If you spend that same 56k on an M2 Competition, the tax bill would be £700 a month at 40%.
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Post by PetrolEd on Jun 22, 2020 14:16:18 GMT
Good choice Bryan. To be fair Jonny, would you really want a company car given the poor choice available with the ever higher taxes and lower Co2. A car allowance would be nice but you get taxed a fortune and with a proper co car you end up spending nearly the monthly pcp payment in taxation without getting what you really want. Car allowances get taken into account when setting salaries, so it really wouldn't make any difference. If you're happy to drive something with a low Co2, then even if you're an essential user and wouldn't get a car allowance it's still significantly cheaper than running your own car. Using the Evoque as as example, the tax liability will only be £3,400 so it would cost a 40% tax payer £113 a month and that covers everything except fuel. If you spend that same 56k on an M2 Competition, the tax bill would be £700 a month at 40%. Wow! When you can get an M2 for £4k down and £499 a month thats a hell of a lot in tax.
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Post by Martin on Jun 22, 2020 14:19:24 GMT
Car allowances get taken into account when setting salaries, so it really wouldn't make any difference. If you're happy to drive something with a low Co2, then even if you're an essential user and wouldn't get a car allowance it's still significantly cheaper than running your own car. Using the Evoque as as example, the tax liability will only be £3,400 so it would cost a 40% tax payer £113 a month and that covers everything except fuel. If you spend that same 56k on an M2 Competition, the tax bill would be £700 a month at 40%. Wow! When you can get an M2 for £4k down and £499 a month thats a hell of a lot in tax. If you had a car allowance option, giving that up and taking the M2 would increase the £700 a month cost to well over £1,000. That's why so many company car drivers are going for hybrids! And those of us that don't want one, opt out. If I'd given up my allowance and had a £60k 530e instead of the 750, I would have been over £300 a month better off, but I felt the extra was worth it. Edit: If I was given the RR as a company car and dropped my allowance, it would cost nearly £2,000 a month.....
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Baby RR
Jun 22, 2020 14:29:17 GMT
via mobile
Post by bryan on Jun 22, 2020 14:29:17 GMT
Phew Glad Martin's tax figures align with mine 😆
Taking the allowance as cash means you lose 42% of it in tax & NI. I'd rather have it all towards a car.
It really only works if you have a sub 50 CO2 car and again one with a high electric mileage
If I hadn't have downgraded the wheels, it would be £189pcm instead of £113. Pricey 2"!!!
Really hoping for a vat rate cut!!
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Post by Andy C on Jun 22, 2020 15:43:32 GMT
Nice choice Bryan
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Deleted
Deleted Member
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Post by Deleted on Jun 22, 2020 15:55:11 GMT
Hope it does you nicely.
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Post by chipbutty on Jun 22, 2020 16:16:11 GMT
Nice spec Bryan - the new Evoque interior is very swish and the leather dash top and door rolls finish it off nicely, so it certainly has the " feels expensive " boxes ticked and the refinement is extremely impressive on the D150 SE on 20s - I therefore expect the P300e on 18s to be the full church mouse in slippers.
I do wonder how many people will order the 18s but swop out for a set of 20s or 21s after registration.
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Post by michael on Jun 22, 2020 16:29:37 GMT
I do wonder how many people will order the 18s but swop out for a set of 20s or 21s after registration. Could you be done for tax evasion if you did that?
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Post by chipbutty on Jun 22, 2020 16:41:41 GMT
I have no idea - but I would imagine not as it would be a minefield to successfully prove as the entire WLTP certification process is complete cobblers from the off. For example - just say you stick with the 18s but when you change the tyres, you decide to fit some really cheap crap ones, or maybe a set of those general grabber things. In both instances the fuel economy/c02 would be negatively effected, but would you really be able to prosecute someone for deviating from OE spec and into a higher tax banding (As an example of the impact of a tyre - NL spec Disco 5 3.0 comes with 19s as standard, if you fit the 22s, the c02 drops by 4g/km)
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Baby RR
Jun 22, 2020 17:12:02 GMT
via mobile
Post by bryan on Jun 22, 2020 17:12:02 GMT
I thought I saw something which said if your car had eco tires then it was a MOT failure not to have them fitted? Could be imagining it though!
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Post by PG on Jun 22, 2020 18:52:19 GMT
Great choice. I'm really interested to find out how you get on with the PHEV aspects. Spec wise I agree - a leather dash always lifts an interior. And black, with the black pack, but silver wheels and no privacy glass. Sir, you are a legend of good taste! Only thing I might have added was the black headlining too. I thought I saw something which said if your car had eco tires then it was a MOT failure not to have them fitted? Could be imagining it though! I remember reading that too, but it was a few years ago and I've never seen it mentioned since. Not sure of it was a proposal or what the MOT rules are supposed to be.
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Post by johnc on Jun 23, 2020 7:24:47 GMT
Could you be done for tax evasion if you did that? The rules and benefits are based on what is on the V5 so on an individual basis no. I dare say if a large company bought 100 of them and swapped the wheels there might be a subtle change to the wording of the law.
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Post by Big Blue on Jun 23, 2020 16:18:04 GMT
The one thing about this thread;
It's made me go and spec a new 330e Touring. I got to £54k or so. So Taxed on £5,400 which is £179/month. The monthly lease cost to the business is not even a day's pay......
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Post by johnc on Jun 23, 2020 16:22:04 GMT
The one thing about this thread; It's made me go and spec a new 330e Touring. I got to £54k or so. So Taxed on £5,400 which is £179/month. The monthly lease cost to the business is not even a day's pay...... I haven't checked the figures but the tax cost to you personally is £179/mth. The cost to the business will be, say £500/mth on which the business will receive 19% tax relief. VAT also comes into the equation if the car is leased.
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