Markc
Member
- First Name
- Mark
- Joined
- Mar 7, 2021
- Threads
- 1
- Messages
- 5
- Reaction score
- 1
- Location
- Uk
- Vehicles
- 991 turbo
- Thread starter
- #1
Hi please go easy on me as it’s my first post. Currently have a used 991 turbo (gen2).
I’m thinking about purchasing a Taycan using a 2 yr PCP to underwrite the value at the end of the term then I have the option of ‘flipping’ the car if there is equity (putting in max deposit, reduce finance costs and setting the balloon as high as possible).
If purchasing using a PCP are you better to get a Turbo (which has more toys as standard) than say spec’ing up a 4s, as I would imagine the residual value is better?
At the end of the term when the car is sold are you taxed on the sale price as income?
For 21/22 can you still get 100% relief against corporation tax?
We wouldn’t be VAT registered as we are in healthcare sector. So they wouldn’t make any difference.
Many thanks
Mark
I’m thinking about purchasing a Taycan using a 2 yr PCP to underwrite the value at the end of the term then I have the option of ‘flipping’ the car if there is equity (putting in max deposit, reduce finance costs and setting the balloon as high as possible).
If purchasing using a PCP are you better to get a Turbo (which has more toys as standard) than say spec’ing up a 4s, as I would imagine the residual value is better?
At the end of the term when the car is sold are you taxed on the sale price as income?
For 21/22 can you still get 100% relief against corporation tax?
We wouldn’t be VAT registered as we are in healthcare sector. So they wouldn’t make any difference.
Many thanks
Mark
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