Business Car Manager’s Blog on the value of company cars
I WAS in a meeting recently, when someone at the table expressed mild displeasure at the cost of company car tax.
Try running your own car, I replied.
So Martin Brown, boss of Fleet Alliance, struck a chord with me when he wrote in his commentary to the Special Report Plan ahead for company car tax changes: “In my experience the BIK is a small price to pay for a shiny new company car.”
I couldn’t agree more. If you run your own business, you’ll know all about the cost of running a car; if you are the lucky recipient of a company car, the only thing really to worry about is the fuel.
Let’s take my car, the low-emission Audi A6 2.0 TDIe SE model. If you were to run this car on contract hire through Audi’s finance offer it would cost you