Wessex Fleet Solutions Tel 01722 322888


Cash 4 Car

Should I take a cash alternative or company car?

At Wessex Fleet Solutions, we can help answer this question. The formula to work out the answer to this question is usually relatively straight forward though can get more complicated depending on your individual circumstances. Below is a rough guide on how to work it out. Alternatively, call us on 01722 322888 and we will be happy to do it for you!

(A.) First of all, you need to work out what your company car tax and fuel benefit tax amount is (see "How is my company car tax calculated"). Also, add to this any personal cash contribution you may pay in order to drive the company car of your choice.

(B.) Next, find out what the cash offer your company is making you and deduct either 22% or 40% tax from this depending on which bracket you fall under.

(C.) Add to this figure the tax that you will save through opting out (A+B). Divide it by 12 and this will be the monthly budget you have to spend.

One other thing to consider is your companies reimbursement of business miles. The inland revenue allows a maximum of 40p per mile for the first 10,000 miles and 25p thereafter. If you get reimbursed less than this then you can still claim tax relief on the difference between the maximum allowed and the actual paid out.

This figure needs to cover the cost of a PCP (Personal Contract Purchase). Also bear in mind that servicing, insurance, breakdown cover and possibly road tax will also have to be considered. As a cash 4 car package is nearly always paid monthly, personal contracts are the ideal way to budget for this due to their low initial outlay and monthly payments.

 

If the vehicle you are looking for is not listed please enquire via the online quote. We can supply any make and model of vehicle.

Corporate Fleet Management Programme

Whatever your fleet size, we are able to establish a programme to help manage your vehicles in a cost effective and efficient manner. We currently work with customers to create a tailored service that meets the needs of each individual company. Drivers call us directly with breakdown issues, accident damage repair, rental vehicles, abroad requests, payment issues, vehicle movements and any other vehicle related queries that occur. We eliminate management headaches and reduce costs.

Essentially, we establish agreed parameters with a company and then handle vehicles and drivers accordingly. We pride ourselves in providing a personal and friendly service - no call centers, frustrating phone systems or remote / distant help desks. You call our offices directly with queries, and we handle everything. We get to know drivers personally in order to ensure a slick and efficient process. We take pride in the fact that both drivers and fleet managers enjoy working with us.

In addition to the above, we are also able to offer all corporate customers a carbon neutral fleet management package. This takes into consideration emissions generated from fleet cars and vans as well as rental / courtesy cars supplied throughout the UK. Please contact us directly for further information about how we can manage your fleet in a personal, cost efficient and environmentally friendly manner.

 

Copyright ©2004 Wessex Fleet Solutions contract lease hire

All information contained in this website is current at the time of publication and whilst the greatest care has been taken over its compilation, Wessex Fleet Solutions cannot be held responsible for any errors or omissions. All photographic images are for demonstration purposes and may not depict the relevant model. Wessex Fleet Solutions, Enterprise House, Cherry Orchard Lane, Salisbury, Wiltshire, SP27LD Wiltshire specialist in contract lease hire.

 

Special Offers

Mini One from £169.99+vat

 Alfa Romeo

 Audi

 Chrysler

 Dodge

 Fiat

 Honda

 Jaguar

 Land Rover

 Lotus

 Mercedes

 Mitsubishi

 Peugeot

 Renault

 Seat

 Smart

 Suzuki

 Vauxhall

 Volvo

 

aston martin Aston_Martin

 BMW

 Citroen

 Ford

 Hyundai

 Jeep

 Kia

 Lexus

 Mazda

 Mini

 Nissan

 Porsche

 Saab

 Skoda

 Subaru

 Toyota

 Volkswagen

 

 

 

Lexus IS

From £259.99+vat

Nissan Note

From £129.99+vat

lexus is r26 f1

Mini One

From £169.99+vat

Audi A3

From £179.99+vat

range rover  audi a3