Mods. I spotted the other thread but didn't want to jump on it as I didn't think it was close enough. But if you prefer I merge this then let me know.
Company director, currently own a 2 year old EV and claiming mileage, last year 7000 euro.
The car payments are currently 543 euro PM. Insurance, tax, tyres (250 each) I pay for.
Home charger.
I have had a change in personal circumstances so I need to reduce my costs and I was considering selling off the EV. I'm also trying to secure a mortgage on my own.
I have 32k left on PCP and 1 offer from a garage of 39k.
I was going to buy the EV through the company and then tax it through the company. I have a few questions I can't get an answer to yet.
1. Can I use my own insurance on the car, I'm 27 driving with full no claims.
2. Is buying or leasing a better option? I am reading that leasing is a better option, but I'm not sure.
3. Does it make sense to sell the privately owned car and lose the 7k mileage I claim?
4. Any other things I'm missing
I appreciate any help
Company director, currently own a 2 year old EV and claiming mileage, last year 7000 euro.
The car payments are currently 543 euro PM. Insurance, tax, tyres (250 each) I pay for.
Home charger.
I have had a change in personal circumstances so I need to reduce my costs and I was considering selling off the EV. I'm also trying to secure a mortgage on my own.
I have 32k left on PCP and 1 offer from a garage of 39k.
I was going to buy the EV through the company and then tax it through the company. I have a few questions I can't get an answer to yet.
1. Can I use my own insurance on the car, I'm 27 driving with full no claims.
2. Is buying or leasing a better option? I am reading that leasing is a better option, but I'm not sure.
3. Does it make sense to sell the privately owned car and lose the 7k mileage I claim?
4. Any other things I'm missing
I appreciate any help