Company Car?? Opting out question

Red1981 | 18:38 Tue 12th May 2009 | Motoring

3 Answers

Hi all,

Can I ask if any of you currently have a sales job and use their own vehicle.

If so, what sort of contract do you recommend as there are many to choose from.

Do I go for personal contract hire, do I take a loan and buy a car??

Any help would be great.
Thanks.

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tali1

I don't own a company car - but i do know it is probably the most cheapest way to finance a car -your BIK tax is peanuts.

Red1981

Question Author

BIK Tax???

Squitty

BIK = Benefit in kind

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