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company car-this wasn't meant to happen - dieselicious
Went on holiday 2 weeks ago, all smiles as i'd managed to negotiate a company car on my last day before going away. I'd spent all that day looking over the list, and had decided on a vw golf 2.0 td gti.

Came back today, and i have to take an unallocated car first, until it's lease runs out. trouble is, it's a turquoise vauxhall corsa 1.7 diesel on a 54 plate.

is there anything i can do to solve this problem, without turning to drink?
company car-this wasn't meant to happen - bhoy wonder
This happened to me a few years ago.As I had just joined the company the T/C said that if there was a pool car then I must take it. The good thing was it was a VW Golf GTI. What fun I had.
Considering up until that point I always had a bulk standard Astra I nearly feel off my seat when they told me.

Check your T/C
company car-this wasn't meant to happen - Marky Mark
I hate to rub salt in, but my steel grey Golf GT TDI arrives on friday!

MM
company car-this wasn't meant to happen - Truckersunite
In response to dieselicious, check the BIK tax that will be
due on the Corsa v/s the Golf. That might take some
of the pain away.
HJ


The thought that I was actually having to pay anything for it would reduce me to tears. I cried when I had to give up my last company car before going back on the road - an Audi A6.
company car-this wasn't meant to happen - Bill Payer
What we used to do is pass the spare car on to the next person whose lease runs out, or to the next new person to join. We had the cars on 2 yr leases and with around 20 company cars, it was never long until you could pass it on.
Now we?re part of a mcuh bigger company and once you get a spare car like this you?re stuffed. So much so that I opted out of the car scheme a few mths ago because we had 4 almost new cars sitting there, so there was no chance of getting a new car for a while.

Does your job require the use of a car, or is it just a perk? The Corsa may not be considered a suitable car for the purpose intended. There?s quite a big difference in the cars ? are they intended for different grades of employee?
company car-this wasn't meant to happen - cheddar
How long is the lease on the Corsa?
company car-this wasn't meant to happen - Hugo {P}
D

This is a question of motoring, tax issues, and above all, employment contract issues.

Tax - Whilst you have the corsa rather than the VW you should be paying less tax. Make sure your payroll debt has got this in hand.

Contract of Employment. If the VW is a grade/class etc of car you're entitled to, then there is a terms and conditions issue here, assuming the corsa is in a lower grade.

However, I can see the benefit from the company's perspective. They are using up the rest of the lease on the Corsa, thereby saving some dosh by not paying two lease fees where one will do.

If the lease only has weeks to run, I would probably not make too much of an issue over it, just ensure that the car you chose is to make its appearance when you need it. However if it has a significant time left to run then you may choose to raise this with your HR dept.

It is possible that your fleet manager is acting without Ts and Cs in mind. As far as he sees it, his job is to save the cmopany money. It sounds like he's doing a fine job. However it maybe that he is either unaware or ambivilent to the company's contractual obligations to you.

If I am right and there is still a significant time left on the lease, you have a number of options to which to put to the company.

1) Insist that your T's and C's are met and the car that you chose is delivered asap.

2) Accept that the corsa is with you for the remainder of its lease and simply seek written assurance from the company that your VW will be with you at the end of the lease.

3) My prefered option, assuming the Corsa meets your needs OK, Agree to keep the corsa on the condition that the company makes a monetary adjustment to your package. They are saveing themselves the lease costs on the VW whilst you still have the corsa, so a sensible option would be IMO to recompence you the difference between the two lease costs. So if the corsa cost say £100 per month and the VW is £180 per month, then £80 goes to you.

The company still saves money and you are rewarded for your flexability. Also, you are seen to reasonable by your employer whilst at the same time asking for reasonable recompense.

Hugo
company car-this wasn't meant to happen - cheddar
I must say, everything Hugo says makes perfect sense.

I have been in a similar situation myself, 1989, new job, told I would have a choice of a Montego, Sierra, 405 or Cavalier, got the brochures, did the homework, fancied a 406, on my first day I was handed the keys to a 1.6L Sierra that needed 10000 miles put on it before it was changed, ended up with a new car 6 months later.
company car-this wasn't meant to happen - Hugo {P}
This sort of flexability was quite well recieved at an interview I went to, but the job didn't "materialise".

When we discussed the car, I expressed a preference but stated that it wasn't imperitive as I suspected there would be some remaining lease on the vehicle my predecessor would leave behind. I stated I would be happy to receive my choice when the lease had expired.

H
company car-this wasn't meant to happen - steveo3002
how about trying your best to blow it up? kill the engine and box ...if it turns out to be unreliable maybe they'l et you have another car
company car-this wasn't meant to happen - machika
I would look at your terms and conditions. The cars are not like for like, so who has used it in the past. Can you see a senior manager accepting such a downgrade?

I once temporarily took over a car, that had belonged to a recently promoted member of staff, but it was at least comparable with the one I was due to get later.
company car-this wasn't meant to happen - Dulwich Estate
I run my own business and have pledged never to employ anyone. Guess why not?
company car-this wasn't meant to happen - AlastairW
I run my own business and have pledged never to employ
anyone. Guess why not?


Petty mithering about which car your employees are entitled to perchance? Some of us have to pay for our own motoring....

Yes, I know you pay by way of the tax system, but its still a very cheap way to drive a newish car with no worries about insurance, etc etc.

(they dont call me grumpy round the office for nothing you know)


Alastair (Spelt my name right this time)
company car-this wasn't meant to happen - Adam {P}
And I thought you were being rebellious spelling it that way!
--
Adam
company car-this wasn't meant to happen - Bill Payer
>> I run my own business and have pledged never to employ
anyone. Guess why not?

My company fixed this by forcing everyone to opt out. There are huge issues with this (from a duty of care point of view) but they don't care. I, for one, am not very happy about having to use my own car on company business - I have to take it to, and leave it, in places that I'm really not happy about. OK I get some compensation for this, but all the financial risk in the car is mine.

In the OP's case, there's a fair difference between an brand new Golf GTi and a cast-off Corsa. He'll have to pay company car tax, which is taxing the private use of the car - so he'll have to pay tax on a car which he'd probably never choose in the first place. What a great way of motivating people.
company car-this wasn't meant to happen - tyre tread
Is this an indicator of the employers general attitude to the welfare of the employees?

You could always pull the health and safety card and say that the Corsa seat gives you back ache and that it could do you some permanent damage hence you chose a car (the Golf) mainly based upon the supportive seats that are comfortable for you.

I was landed with a 1998 Ford Scrote which I loathed. As soon as I mentioned back trouble brought on by driving the wretched thing it was history!
company car-this wasn't meant to happen - Big Bad Dave
"I run my own business and have pledged never to employ anyone. Guess why not?"

Don?t tell me. There?s only one coat hook?

I know, I know. You have "busy" hands...
company car-this wasn't meant to happen - Dalglish
and above all, employment contract issues

>>

in the t&c of a company i am very familiar with (they tell the prospective employee of this at interview stage ) that they will have a choice of car in certain bracket, but that if on the day they start there is another "pool" or "ex-employee" car availbale within that range, they have to take it. in addition, they are told that the company values flexible employees who put the company's interests first - nudge, nudge, wink wink, if you think there are better employers you are welcome to find them. (and that there are twenty or more applicants for any job, which rarely has to be advertised, usually filled by word of mouth from a keen pool of waiting applicants.) if these terms are not acceptable, they don't get the job.

incidentally the company is not a run of the mill employer and has very specialised products.

company car-this wasn't meant to happen - blue_haddock
It could be worse - you could be driving a toyota aygo :-(
company car-this wasn't meant to happen - MichaelR
It could be worse


Than driving a purple Corsa diesel?

No, really it couldn't ;)
company car-this wasn't meant to happen - cheddar
He said turquoise, not purple, they do a sort of metallic egg shell blue that looks OK, could be described as turquoise.
company car-this wasn't meant to happen - RichardW
Corsa, meet wall. Wall, meet Corsa. Hope you'll both be happy in the body shop. Now can I have the car I wanted please? "No, but here's a pretty piece of paper with 'P45' written on the top"

TIC mode off.....


--
RichardW

Is it illogical? It must be Citroen....
company car-this wasn't meant to happen - dieselicious
Funny - i'd considered engineering the unfortunate demise of the corsa by introducing it to a tree/wall, but am not convinced of it's ability to withstand such an impact.

I'll try and ask for the difference in cash between the corsa cost and the £280 per month car bracket i'm entitled to. The car has 3 years left to run on the lease.

And i'm liking the imaginary back pain idea. I'm sure however that attempting my 100 mile daily round trip commute in a corsa will give me very real back pain very quickly.

Thanks for the advice boys and girls
company car-this wasn't meant to happen - No Do$h
The car has 3 years left to run on the lease.


Surely it will get passed on to the next "noobie" at the company when they turn up expecting the keys to their "aspirational" essential company transport, leaving you free to order yours?
company car-this wasn't meant to happen - Chas{P}
It could be worse - you could be driving a toyota
aygo :-(


Is an Aygo a no go area then? What's wrong with them??
company car-this wasn't meant to happen - dieselicious
I'm guessing that i will be able to pass it on to the next rookie, when ever they may start. Fortunately it's a fast growing business at present, so it shouldn't be too long.

As far as i know there's nothing wrong with an Aygo. It's just not a Mondeo TDCi. Therefore no-one can recommend it!!

Grabs coat and runs for cover..........

company car-this wasn't meant to happen - No FM2R
>>its still a very cheap way to drive a newish car

It really isn't, you know.

Anyway, the only contribution I have is that you should make sure you are taxed on the correct vehicle cost bearing in mind its list price when new.
company car-this wasn't meant to happen - Maxx
Charles

Sorry to hijack the thread but I was wondering if you (Charles {P}) could send me the complete copy of Ford's Technical Service Bulletin 24/1997 concerning the Ford Fiesta CTX Gearbox problems. My email is maxx121@gmail.com.

Thanks for your help and once again sorry for the hijack
company car-this wasn't meant to happen - Chas{P}
Charles
Sorry to hijack the thread but I was wondering if you
(Charles {P}) could send me the complete copy of Ford's Technical
Service Bulletin 24/1997 concerning the Ford Fiesta CTX Gearbox problems. My
email is maxx121@gmail.com.
Thanks for your help and once again sorry for the hijack


This TSB is an old one now that's not on the last TIS CD disc. However I should be able to dig it out of my 'crypt of carp' at home. Will need to print it to a pdf tomorrow.

company car-this wasn't meant to happen - Maxx
Thanks Charles that would be fantastic, you have my email on my earlier post.

Cheers Maxx
maxx121@gmail.com
company car-this wasn't meant to happen - blue_haddock
Nothing really wrong with them but i prefer the 1.6 corolla i usually drive!
company car-this wasn't meant to happen - TheGrocer
Take the cash alternative, find a good lease deal and get yourself a real car..A Mercedes Benz. With the tax savings and strong residuals you will be well ahead
--
\" Keep doing the same old thing, youll get the same old thing, try something different today!\"
company car-this wasn't meant to happen - Bill Payer
Take the cash alternative, find a good lease deal and get
yourself a real car..A Mercedes Benz. With the tax savings and
strong residuals you will be well ahead

He's talking about £280/mth lease cost for the Golf GTi, which seems very low, especially as his commute is 100 miles a day (so adding on his private mileage, the car's going to be doing 30,000 ish).

Plus his commuting doesn't count as business mileage, so he'd have to pay for that if he drove his own car.

I get twice that per month and I reckon I'm about even, perhaps very slightly better off, than with a company car. And that's without sickness/redundancy/resignation/insurance etc protection that you get with a company car. The risk of ownership is all mine now, and that isn't usually compensated for.
company car-this wasn't meant to happen - Mapmaker
>>sickness/redundancy/resignation/insurance etc protection

Usually a car is regarded as a 'perk'. Therefore the value of the car does not contribute towards your earnings in the event of calculating redundancy pay. Often, if you are sick, then your car disappears. If you resign, then it disappears immediately.

And no, Alastair, I agree with Mark (or whatever he's called these days), a company car is NOT a cheap way of running a car.
company car-this wasn't meant to happen - Dalglish
value of the car does not contribute towards your earnings in
the event of calculating redundancy pay.

>>

i had taken the meaning of the original post to be that with a company car you have no liability if you fall sick, are made redundant, etc.
whereas if it is private, you are lumbered with having to try to sell or maintain the monthly payments.
company car-this wasn't meant to happen - AlastairW
And no, Alastair, I agree with Mark (or whatever he's called
these days), a company car is NOT a cheap way of
running a car.


I calculate this stuff for a living. As an example, say your company spend a hypothetical £15k on buying you a car (they may well lease it, but its the list price that matters). As you do a hypothetical 20000 business mile a year, its a diesel. Its Co2 emission level is, say 159g/km. This means the tax charge is calculated at 20% of the cars list price.
Therefore £15,000 at 20% = £3000.
Say your top rate of tax is 40%, therefore the annual tax bill for the car is £1200 ie: £100 per month. Looks pretty darn cheap to me!
Granted, I have not allowed for free fuel for private motoring, but I hope you can now see what I am getting at.
company car-this wasn't meant to happen - DavidHM
That's £100 tax - which is cheap and sure, a company car is better than no company car - but in most cases the alternative is not car or nothing but cash or car and the cash can more than make up for it in some circumstances.

If you use your own car for business mileage you can also offset that as a business expense, irrespective of the mileage allowance actually paid by your company.

Also there's no indication of business mileage as most of this seems to be swallowed up by the commute, which is not allowable as business mileage.
company car-this wasn't meant to happen - Bill Payer
Dalglish is correct ? it?s the possibility of being lumbered with the car after a dramatic change in circumstances that?s a concern of mine. It certainly made me buy a car which was less expensive than the level I really wanted.

You can get a PCP or personal lease plus insurances to protect against these things (you still have the accident, dents in the car park, window smashed & radio nicked risks etc) but that ends up being more expensive than taking the company car and paying the tax.

AlastairW: Your calculation is of course correct, but cars are generally not given in isolation, they?re usually included as part of a salary/compensation package, especially for ?perk? users. So it?s reasonable to assume that the employee?s salary is lower to compensate for the provision of a car. In my company, we bought out the company car benefit from one level of middle managers (typically in BMW 520's) and they were given £8400 per year in compensation (salary increase basically), so the true cost of their cars was much higher that the tax they were paying.

As DavidHM points out, some employers offer a cash alternative, but in my experience they?re rarely adequate amounts (particularly bearing in mind the transfer of risk), especially for essential, higher business mileage drivers.
company car-this wasn't meant to happen - Mapmaker
AlastairW: as several have said, you are missing a vital point.

In exchange for your £15k car you can probably choose a 5-6k cash alternative. After 41% tax, this leaves you with 3-3.5k cash remaining.

So the difference is between 3.5k profit and 1.2k loss. So your company car is costing you £400 per month. And then, with your 20k business miles your company will probably pay you 6p per mile profit (based on them giving you a 6k cash alternative), which is another £100 per month.

Finally, I should suggest that after a 'dramatic change in circumstances' then the first thing most people will be doing is going out to buy a car. So having the company car removed is scarcely a helpful contribution! Only a small proportion of the country is in the position of being able to rely on public transport.
company car-this wasn't meant to happen - No FM2R
>>I calculate this stuff for a living

But seemingly not very well.

I don't calculate it for a living, but I do calculate it to protect mine.

It doesn't matter what was paid for the car, the tax is based on list price.

There is always an alternative to a car, which is usually cash.

A car you have bought yourself can be sold, the residual balancing what you have paid in insurance, tax and maintenance/repairs. [bit of a gamble there].

If you include fuel for private motoring you will find that the break even point is an awful lot higher than you think - I seem to recall it was at least 15,000 private miles, although obviously it depends on the fuel consumption of your car.

Depending on your fuel consumption expensed business travel can do well for you.