hello there, i am new to this forum and i have a problem, my companyy car is up for renewal and i like the 320i touring but i am concerned on what rough range i will recieve out of a tank?
I cover the whole of the uk with my job and 70% i am on the motorway. Work will pay me 16p per mile for petrol. So what rough figures will i expect to see by driving one of these??
Dont want to choose one and then end up being out of pocket, i cant have the diesel version as it is out of my bench mark.
Failing the Bmw i can have the passat cc 170diesel or the volvo v50.
Any help appreciated
{typo in header amended - DD}
Edited by Dynamic Dave on 07/08/2009 at 11:25
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If you are getting 16p per mile just for fuel as it is a company car, assuming petrol is £1.05/litre, your break even point is 29.8MPG. If the car returns less than that, you lose. If it returns more than that, you win.
For the life of me, I cannot see a 320i returning less than 30MPG on the motorway unless you have a very lead foot and want to lose your licence. I've never driven the petrol version but I guess (and it is a guess) that it will do at least 35/37 MPG on the motorway at 80MPH
Good luck.
PS - I assume the passat and V50 are diesels, if so what mileage rate do you get for them?
Edited by a900ss on 07/08/2009 at 11:23
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Just quickly googling I found 320i touring, combined consumption: 45.6
& range 632 miles (from 63 litres)
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i forgot to mention it will be a manual which does improve the mpg,
the volvo and Passat cc are diesels
the published figure for the combined mpg for the 320i is 45 so i should be ok, i dont have a lead foot too.
we are paid 12p for diesel at the moment.
I have the passat for the weekend (next) and will be driving a BMW too so should get a fair comparison.
thanks for all youre help
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the volvo and Passat cc are diesels
we are paid 12p for diesel at the moment.
So assuming £1.08/litre for diesel (it will go up in winter vs petrol), you current break even point for those cars is 40.9MPG. If the cars do less MPG than that, you lose, if they do more MPG, you win.
I think I'd go for the BMW with those numbers however, you also need to include you BIK cost as that will probably vary quite significantly for the 3 cars.
One thing to bear in mind, does your company pay you a higher mileage rate for diesel cars over 2000cc? My last company did and it made sense to chose a 2.2 Merc over a 2.0 BMW for that very reason. I know you can't get a diesel BMW so I assume that a diesel merc is out of the question as well but the Honda Accord diesel is a 2.2 so it could be financially viable and, in my opinion, is a very comfortable motorway cruiser. It has fantastic seats that rival those from Volvo.
Have fun on your test drives.
Edited by a900ss on 07/08/2009 at 11:59
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i dont get any more for a bigger diesel enigne,
the co2 for the bmw is 149,vw is 146 and the volvo is 185?
I think it is between the vw and the bmw at the moment.
thanks for youre help
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BMW - buy with your heart and cover the losses with "man maths".
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Tiny bit of tax advice - if you get 16p a mile, and do, say 30,000 miles a year, you can claim some money back....
You get 16p / mile.
For the first 10,000 miles, you can claim tax relief on the difference between 16p and 40p
i.e. 24p * 10,000 = £2400
Then for the other 20,000 miles, the rate is 25p so 25p-16p=9p x 20,000 = £4000.00
These add up to £6,400 which you can get the income tax back on.
If you're a 40% tax payer, you could see £2560 back in your pocket!
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If you are paid a car allowance for using your own car does that effect the tax relief on the mileage?
I'm fully aware that the allowance is taxable.
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