Discuss Fleet vehicle or buy a cheap one ? in the Electrical Forum area at ElectriciansForums.net

Welcome to ElectriciansForums.net - The American Electrical Advice Forum
Head straight to the main forums to chat by click here:   American Electrical Advice Forum

This will depend on your circumstances - whether you are VAT registered or not, your cashflow, whether you prefer a monthly P&L cost or a capital expenditure with annual depreciation, whether you want an all inclusive managed vehicle, whether you want a new vehicle every 3-5 years or the benefit of sweating the asset during its senior years (i.e. minimal depreciation charge on an older vehicle that is still fit for purpose). So many considerations. Discuss with your accountant, if you have one.
 
Also depends if you can look after the vehicle or not. I had a berlingo on contract hire when I first went on my own, had it 3 years and when I went to hand it back I was presented with a large bill for minor repairs, service and MOT. I ended up buying the van off them. I always buy outright now.
 
Also depends if you can look after the vehicle or not. I had a berlingo on contract hire when I first went on my own, had it 3 years and when I went to hand it back I was presented with a large bill for minor repairs, service and MOT. I ended up buying the van off them. I always buy outright now.
thanking you . i didn't know they could charge you when you handed it back , good to know
 
This will depend on your circumstances - whether you are VAT registered or not, your cashflow, whether you prefer a monthly P&L cost or a capital expenditure with annual depreciation, whether you want an all inclusive managed vehicle, whether you want a new vehicle every 3-5 years or the benefit of sweating the asset during its senior years (i.e. minimal depreciation charge on an older vehicle that is still fit for purpose). So many considerations. Discuss with your accountant, if you have one.
thank you . cashflow is rubbish , he's always firefighting , i'm the book keeper. he's just had a great van on a job he's just done and seen the pleasure of a better vehicle of course
 

Reply to Fleet vehicle or buy a cheap one ? in the Electrical Forum area at ElectriciansForums.net

OFFICIAL SPONSORS

Electrical Goods - Electrical Tools - Brand Names Electrician Courses Green Electrical Goods PCB Way Electrical Goods - Electrical Tools - Brand Names Pushfit Wire Connectors Electric Underfloor Heating Electrician Courses
These Official Forum Sponsors May Provide Discounts to Regular Forum Members - If you would like to sponsor us then CLICK HERE and post a thread with who you are, and we'll send you some stats etc

Electrical Forum

Welcome to the Electrical Forum at ElectriciansForums.net. The friendliest electrical forum online. General electrical questions and answers can be found in the electrical forum.
This website was designed, optimised and is hosted by Untold Media. Operating under the name Untold Media since 2001.
Back
Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock