New Van Vs Old Van - TilersForums.com

[Italy]

I repeat again. one time. I in italy
new vehicle
€ 19,000 list price. VAT included.
Discount 26%. because member. artisan association. = € 14,000 including vat.
additional discount. - € 1000.
Total € 13,000 including VAT.
- VAT 22% € 10650. (VAT immediate deduction of taxes).
€ 10,650 of expense. for lavoro.50% amortized. in 2 or 5 years. (Less taxes payable)
in total. My van. after 5 years. It costs to me. € 5000.
if I sell van.dopo five years. value is at least € 5,000?
Total. after 5 years. my van have cost € 0.
compry?

 

[Italy]

naturally. if not deduct VAT.
cheaper. .not take it new

 

[LM]

A lot depends on your personal circumstances, are you vat registered? which means if you buy the van at the right time of the month you put the vat down as a deposit and claim it back more or less right away, which lets you drip the balance over four or five years. dealers offer very competitive rates and at the right time of the year you may even get 0% APR.
If your not vat registered then pre reg or ex hire with a long warranty would be the way to go. you need to make a decision based on your own personal cash position and whether or not you can afford to loose the deposit out of your cash flow.
Leasing companies have it down to a tee, the cost of contract hire is more or less the same as what you loose in deprecation, but on a three year cycle the deposits you have to put down mean that it works out more expensive than buying new, there's a big market out there for people who can't afford the bigger deposit of buying new.
Personally I think the benefits of a new van out way the uncertainty of a second hand van that you don't know what it's been out through. Apart from having a much more professional image, (which if your after the right type of customer they don't mind paying for quality ) you also have an expense to claim for in your business.
Imo if you can afford the initial outlay of the deposit, over the course of five years and from what you can claim back, the reliability and new 'good' business that a new van attracts makes it a no brainer and I think in the long run it makes you money.

 

[LM]

naturally. if not deduct VAT.
cheaper. .not take it new

Myself and Antonio more or less have said the same thing

 

[Italy]

Myself and Antonio more or less have said the same thing

oui, lord +/- same

 

[White Room]

Stop blowing smoke you 2

 

[Italy]

Stop blowing smoke you 2

of course. Dr sorbo

 

[Italy]

of course. Dr sorbo

think. that speech. being that is incomprehensible.
for sorbo .....
he likes to. accumulate cash. unfortunately here in Italy. high taxes.
then you have to. find shortcuts. to buy for less

 

[White Room]

 

[Italy]

kiss