You can offset a brand new vehicle against your tax for 3 years.
W
White Room
That's a lot of money....
But you have less to off set against tax bills.
H
hmtiling
The tax options become a minefield, at the end of the day, the less your vehicle costs the better, as long as it doesn't look old and tatty, and you have faith it wont drip oil on your customers driveways, any money you're not spending on it goes in your pocket.
Good signwriting is one of your cheapest and most affective advertising, as long as you don't drive as aggressively as I do, giving yourself a bad image!
Hence, I've not signwritten mine, but will on my next van, and learn to slow down a bit.
Good signwriting is one of your cheapest and most affective advertising, as long as you don't drive as aggressively as I do, giving yourself a bad image!
Hence, I've not signwritten mine, but will on my next van, and learn to slow down a bit.
There are leasing companies that lease used vans too.
I did look into it but can't remember the sites, will search again.
D
Dumbo
Good move
H
hmtiling
I'm not going to lease. I want to own it.
A
Aston
what colour is the van?
is it dark grey or black.
what ever colour it is, it looks great, especially with the signage.
L
LM
The cheapest way to drive a van is to buy it new and drive it for 9-12 years, divide the monthly costs over the 9/12 years and it's a no brainer plus you have the benefit of the van not having been abused and should run well.
If your vat reged then it's even better, buy it at the end of your quarter or year and you claim that back right away, which is normally your deposit. As Dan says I've been advised that it's a 3 year costing unless you lease, but then your heavily constrained by mileage and condition.
Ultimately there's no set way that's right for everyone, it depends on your business position at the time of purchase. Wether your cash rich for deposits, vat reged etc, the glove needs to fit the hand. One thing that can't be underestimated is image, to some builders you'll look like you charge too much and to some customers you could appear as if your not good enough to be able to afford a decent van. Horses for courses!
If your vat reged then it's even better, buy it at the end of your quarter or year and you claim that back right away, which is normally your deposit. As Dan says I've been advised that it's a 3 year costing unless you lease, but then your heavily constrained by mileage and condition.
Ultimately there's no set way that's right for everyone, it depends on your business position at the time of purchase. Wether your cash rich for deposits, vat reged etc, the glove needs to fit the hand. One thing that can't be underestimated is image, to some builders you'll look like you charge too much and to some customers you could appear as if your not good enough to be able to afford a decent van. Horses for courses!
There are similar tiling threads here
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