What do you drive ?

[Steve92 80]

whats your fleet made up of ? I have a mk1 tt roadster, mini clubman s and a Saab 9-5 estate. I've also just put my name on the v5 of a 2008 Corsa which needs some work.

[Jamie Edmonds 28]

I guess the old car dealer's answer of 'whatever got traded in with tax on it' doesn't work now with the new system?

 

Mk1 TT is a surefire future classic car I think, totally 'of its time' and still looks good today.  I'd like a 225 in silver with the chunky 5 spoke alloys and baseball leather please.

 

I guess I don't strictly count as I'm not really a dealer but I 'drive' the road bike pictured to the left of this post, the Range Rover Evoque Si4 Prestige below

Edited July 27, 2015 by Jamie Edmonds

[Phil H 124]

whatever's px's got fuel in it which hasn't been cleaned and only for a few days until DVLA receive the yellow slip (but always carry a set of trade plates just in case) apart from that my astra van.

[sparky 274]

Pretty sure that driving 'anything off the forecourt with tax and fuel in it' is seen by the revenue as a benefit in kind. No problem, as long as you pay the tax that goes with such benefits.

[Phil H 124]

when I use a px I'm taking it home on a 25 mile each way round trip to give it an extensive test drive checking for faults prior to selling only, don't use it for personal use. so it's not classed as benefit in kind

[GreenGiant 287]

Careful mate. The fact that you are taking it home, I believe, constitutes personal use, irrespective of your intention. You are supposed to consider any trip to and from your normal place of work as personal and any other journey as business-related (test drive, trip to auction, visiting CDX, road test etc.).

Just saying.

 

Sorry..

#justsaying

[Phil H 124]

Thanks for the advice GG, had a similar conversation with a nice lady from HMRC last year when she came to inspect my books and she advised me that as long as you adjust your vat returns for personal fuel used and tax returns for benefits in kind accordingly to allow for personal use then what I'm doing is fine, so we agreed an amount each week to take these factors into consideration and adjust accordingly. She also gave me this in writing with the agreed amounts on which we adjust on every return. 

[metcars 397]

I have driven an old Mitsubishi Pajero for 10yrs. I class it as my work vehicle. It does everything other than go fast! Mobile office, tow car, parts collection, shopping, country park with the dog etc etc. I have never been interested in off roading or 4x4's but its reliability and build quality are attractive and regardless of the road conditions, nothing stops it. Unless the council close the road

[Phil H 124]

After the drive home I've just had I wish I had one of these in my fleet. Don't the Sunday drivers know it's MONDAY today. 

 

[Maxwell Tradesure Jay 0]

Pretty sure that driving 'anything off the forecourt with tax and fuel in it' is seen by the revenue as a benefit in kind. No problem, as long as you pay the tax that goes with such benefits.

It's not just the Tax you'll have problems with! If they aren't on the MID for 'personal use' you may just 'bump in to trouble' if you need to make a claim!

[Phil H 124]

First thing I do is put them on the MID as the boys in blue by us will try to have you on the 14 day rule from day one. 

[Maxwell Tradesure Jay 0]

Thanks for the advice GG, had a similar conversation with a nice lady from HMRC last year when she came to inspect my books and she advised me that as long as you adjust your vat returns for personal fuel used and tax returns for benefits in kind accordingly to allow for personal use then what I'm doing is fine, so we agreed an amount each week to take these factors into consideration and adjust accordingly. She also gave me this in writing with the agreed amounts on which we adjust on every return. 

Phil, looks like you have yourself covered Tax-wise... Insurance, I've just had it confirmed, you'll probably be fine. As you are the business owner and the 'buyer' you can use any stock vehicle for personal use.

First thing I do is put them on the MID as the boys in blue by us will try to have you on the 14 day rule from day one. 

Nice to know, a good working practice mate, saves hassle later too...  

[Phil H 124]

and they come off within the 5 day rule.

[Steve92 80]

I hate the mid, although some systems are better than others.

out of interest do you put all of your stock on mid or just the ones you use ? So if a car comes in and you need to move it about for repair work after 15 days should this be on the mid ?

going back to the tt I think some will be classics but don't think they will fetch silly money in the way a classic ford would. The tt Quattro sport is probably the most desirable.

Here's our tt

we have owned it 5 1/2 years, it's covered 55k and has part Audi part specialist (better !) history. 

 

Edited July 28, 2015 by Steve92

[Phil H 124]

I put everything on the MId just to be safe as a lot of the boys in blue don't know the rules, I even got stopped on trade plates and the dibble didn't know what they where and tried to seize the van, I use travelers insurance it's so easy to put on the mid it's untrue, nice TT. 

[Maxwell Tradesure Jay 0]

out of interest do you put all of your stock on mid or just the ones you use ? So if a car comes in and you need to move it about for repair work after 15 days should this be on the mid ?

If it your stock vehicle you need to add it to the MID if you have it in your possession from more than 14 days. If it is a customer car which you are just moving about it should be covered under their insurance so would not need to be added to the MID. 

[metcars 397]

I use travelers insurance

How does this work?

[Phil H 124]

same as any old insurance, you get shafted with the premium, then get made to feel like a criminal if you make a claim. Travelers is just the insurance company's name not the type of policy but the mid feature is very simple to use.

[Wood235 36]

It's an old Toyota hiace van for me, it's bulletproof needs minimum maintenance and goes on and on and on and on!!!!!!

if the suns out, it's out with the old ford hot rod..... 5 litre Chevy v8 burbling away, highly polished red paint & oodles of chrome & polished bling and not an ecu in sight !  Oh yes,  there's no management light which is a blessing as we have many sleepless nights related to those awful check lights!!! 

 

Edited August 14, 2015 by Wood235
Added photo

[Daylight 28]

Mk4 Golf Tdi 90bhp. Enough space to use it as a van for parts pick up etc, 65mpg all the time regardless how it's driven and will happily take £20 of petrol as long as you top it up full with diesel afterwards, oops! Slowest vehicle known to man though.

Porsche 944S and Yamaha R1 as toys

[James Bush 95]

When it's nice and sunny - just passed it's MOT last week with no advisories!! Yes I know it's ridiculous but I love it :-)

The other week I got chatting about future classics and my thoughts are there won't really be any. I think the mid 80's early 90's sporty stuff is worth investing in but with the modern engines, EML's, ABS systems etc are later cars just going to become too expensive to keep? and is there anything iconic enough out there? The 90's/00's were a bit bland for cars - what exciting stuff was there?

[Steve92 80]

Oooooh morettes ?

i picked up a cabby a few years ago on eBay as a non runner. I then tidied it up a little bit, you know, the usual......Rebuilt the suspension, powered coated everything ....... Then I sold it.

 

Edited August 3, 2015 by Steve92

[Jamie Edmonds 28]

Future classics from 90s and 00s? I'd bet on the following:

Peugeot 106 GTi & Rallye - the Saxo was more popular but that's because it was cheaper, most people wanted the Peugeot

Peugeot 306 GTi-6

Audi TT - for reasons stated above

Ford Fiesta Zetec-S - underrated warm hatch

Ford Puma - as per TT, late 90s coupes are due a comeback 

Fiat Coupe

 

How many people have scrapped something which would now be worth good money?  I binned a 2 owner from new '84 Golf GTi with un-ripped seats,P-slot wheels and centre caps still present after it failed an MoT back in 2001...

[Phil H 124]

I scrapped 2 ford puma's last year and struggled to find a scrapyard to take them so just weighed them in. Maybe the wrong thing to do 

[CJ Underhill 34]

I seem to end up buying more cars for myself than for stock. Im a sucker for anything different

Currently drive a highly modified Proton Satria GTi, a standard Satria GTI, Porsche 944, Porsche 924, Classic SAAB 900 Convertible and have two classic Mini's a projects

 

Talking of scrapping.. we once scrapped 2 SAAB 99 Turbos as they were worth more in metal at the time... if only we could predict the future hey