Business PCP versus Lease Purchase on a GTS. UK owners opinions?

[Justy182]

Hi. New member here. Just placed an order for a GTS saloon with options and going through the various finance options. Will be buying it through our business and wondering if anyone had opinions on Business PCP VS Lease purchase. I'm hoping the residuals of the GTS will be healthy in 3 or so years.

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[Gnasher]

If you are claiming the corporation tax credit make sure you are buying it.

 

[SteveGTS]

Hi. New member here. Just placed an order for a GTS saloon with options and going through the various finance options. Will be buying it through our business and wondering if anyone had opinions on Business PCP VS Lease purchase. I'm hoping the residuals of the GTS will be healthy in 3 or so years.

Lease purchase or HP through my business for me so I can claim the 100% first year allowance, don't think you can do that with PCP.

 

[Rob********]

Corporation tax relief is available if you buy it (cash or BCP), but it is also available if you lease it (Contract Hire). A little while ago I worked on the following for a CT4S.

https://www.taycanforum.com/forum/t...rchase-bcp-or-contract-hire.10512/post-152572

 

[Gnasher]

Really good spreadsheet you must be an accountant!

 

[Rob********]

Ha. No, I'm in commercial property

 

[Rob********]

Should add...it assumes most of the term is within the new Corp tax bracket of 25%.

 

[TaycanHero]

Should add...it assumes most of the term is within the new Corp tax bracket of 25%.

The great robbery from us continues...

Though I will remain optimistic the clueless puppets in government hold off raiding corp tax.

 

[Murph7355]

Residuals in 3yrs? You might just about have taken delivery

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