Hey Guys,
I've just been given a £5k pa car allowance in addition to a 15p per mile mileage claim. Logically I would use our Merc C class for business purposes, but my wife loves using it for her work and doesn't want to drive the 997 every day with our 16 wk old daughter. I've been considering buying a third car for business purposes, but to save costs, I am wondering whether or not to use my 997 which is a 54 plate with 23k on the clock. My car allowance conditions say must be fit for purpose and be able to carry 3 people. Obviously the 3rd person would have to be a midget, so not sure about this part! Plus could give a bad impression to clients, some people say 'you get paid too much etc'!!
Question is would I get killed on residual values or would costs be less than having a third car and suffering losses and expenses on a third car? Been thinking about something like a 2yr old BMW 3series or Merc C saloon of similar vintage. I'm planning on keeping the 911 for a long time so I'm not too worried about putting miles on it or using it.
Business driving is mainly rural so no London traffic.
What do you think guys?
Jason.
I've just been given a £5k pa car allowance in addition to a 15p per mile mileage claim. Logically I would use our Merc C class for business purposes, but my wife loves using it for her work and doesn't want to drive the 997 every day with our 16 wk old daughter. I've been considering buying a third car for business purposes, but to save costs, I am wondering whether or not to use my 997 which is a 54 plate with 23k on the clock. My car allowance conditions say must be fit for purpose and be able to carry 3 people. Obviously the 3rd person would have to be a midget, so not sure about this part! Plus could give a bad impression to clients, some people say 'you get paid too much etc'!!
Question is would I get killed on residual values or would costs be less than having a third car and suffering losses and expenses on a third car? Been thinking about something like a 2yr old BMW 3series or Merc C saloon of similar vintage. I'm planning on keeping the 911 for a long time so I'm not too worried about putting miles on it or using it.
Business driving is mainly rural so no London traffic.
What do you think guys?
Jason.