Taxi Driver Online

UK cab trade debate and advice
It is currently Fri May 01, 2026 7:54 pm

All times are UTC [ DST ]




Post new topic Reply to topic  [ 25 posts ]  Go to page 1, 2  Next
Author Message
PostPosted: Fri Mar 18, 2016 2:12 pm 
Offline

Joined: Thu Jan 28, 2016 12:52 pm
Posts: 52
What's the best way to finance a new or at the very oldest 1 year old car for private hire? Hire purchase, personal loan?

I've heard its possible to hand the car back mid term if its a hire purchase deal which sounds appealing a ill likely change my car every 30 to 36 months?

My credit score is very good and i have the option of a personal loan at 3.5% apr


Top
 Profile  
 
PostPosted: Fri Mar 18, 2016 3:59 pm 
Offline
User avatar

Joined: Wed May 23, 2012 7:24 pm
Posts: 6755
Taxi Centre Glasgow by far the best :D

_________________
All posts by this contributor are made in a strictly personal capacity

I AM PROUD TO BE A CITIZEN NOBODY'S SUBJECT http://www.republic.org.u

F88K EM ALL WHAT GOES AROUND COMES AROUND

BOOZE BOOZE BOOZE


Top
 Profile  
 
PostPosted: Fri Mar 18, 2016 6:06 pm 
Offline
User avatar

Joined: Thu Dec 15, 2011 8:45 am
Posts: 9966
Location: Braintree, Essex.
trotskys twin wrote:
Taxi Centre Glasgow by far the best :D



Or there's Cabs For Less who like Cab Direct and the Taxi Centre use Rainworth Skoda near me for their motors.

Give Rainworth Skoda a ring, they've got some cracking lease purchase deals on at the moment.


Top
 Profile  
 
PostPosted: Fri Mar 18, 2016 6:15 pm 
Offline

Joined: Tue Apr 29, 2008 4:06 pm
Posts: 24391
Location: Twixt Heaven and Hell, but nearest Hell
as Sir Nigel de Mansfield says, cabs4less, he got me a discount and 4% interest but only cos the 15 plate came out when i wanted a car, currently quoting £15,999 OTR for 1.6tdi Superb hatch (plus colours plus real spare)

being vat regd i got my deposit paid by the VATman....£2750 discount besides what Cabs4less got me off

_________________
Of all the things ive lost, i miss my mind the most


Top
 Profile  
 
PostPosted: Fri Mar 18, 2016 7:31 pm 
Offline
User avatar

Joined: Wed Sep 03, 2003 7:30 pm
Posts: 57355
Location: 1066 Country
Goku wrote:
What's the best way to finance a new or at the very oldest 1 year old car for private hire? Hire purchase, personal loan?

I've heard its possible to hand the car back mid term if its a hire purchase deal which sounds appealing a ill likely change my car every 30 to 36 months?

My credit score is very good and i have the option of a personal loan at 3.5% apr

Some dealers do 0% finance, but other than that I would get a personal loan at 3.5% and shop around.

_________________
IDFIMH


Top
 Profile  
 
PostPosted: Fri Mar 18, 2016 8:46 pm 
Offline
User avatar

Joined: Thu Dec 15, 2011 8:45 am
Posts: 9966
Location: Braintree, Essex.
Sussex wrote:
Goku wrote:
What's the best way to finance a new or at the very oldest 1 year old car for private hire? Hire purchase, personal loan?

I've heard its possible to hand the car back mid term if its a hire purchase deal which sounds appealing a ill likely change my car every 30 to 36 months?

My credit score is very good and i have the option of a personal loan at 3.5% apr

Some dealers do 0% finance, but other than that I would get a personal loan at 3.5% and shop around.


Doubt you'd get 0% on a Taxi.


Top
 Profile  
 
PostPosted: Fri Mar 18, 2016 9:35 pm 
Offline

Joined: Tue Apr 29, 2008 4:06 pm
Posts: 24391
Location: Twixt Heaven and Hell, but nearest Hell
Nidge2 wrote:
Sussex wrote:
Goku wrote:
What's the best way to finance a new or at the very oldest 1 year old car for private hire? Hire purchase, personal loan?

I've heard its possible to hand the car back mid term if its a hire purchase deal which sounds appealing a ill likely change my car every 30 to 36 months?

My credit score is very good and i have the option of a personal loan at 3.5% apr

Some dealers do 0% finance, but other than that I would get a personal loan at 3.5% and shop around.


Doubt you'd get 0% on a Taxi.


dont tell em?

_________________
Of all the things ive lost, i miss my mind the most


Top
 Profile  
 
PostPosted: Sat Mar 19, 2016 6:53 am 
Offline
User avatar

Joined: Thu Dec 15, 2011 8:45 am
Posts: 9966
Location: Braintree, Essex.
wannabeeahack wrote:

dont tell em?



And if they find out? You'll wake up one morning seeing your tool being towed away.


Top
 Profile  
 
PostPosted: Sat Mar 19, 2016 1:14 pm 
Offline

Joined: Sun May 24, 2015 8:55 pm
Posts: 479
Nidge2 wrote:
wannabeeahack wrote:

dont tell em?



And if they find out? You'll wake up one morning seeing your tool being towed away.


Makes my eyes water just thinking about it :shock: :shock: :shock: :shock: :shock: :shock:


Top
 Profile  
 
PostPosted: Sat Mar 19, 2016 9:22 pm 
Offline

Joined: Tue Apr 29, 2008 4:06 pm
Posts: 24391
Location: Twixt Heaven and Hell, but nearest Hell
Nidge2 wrote:
wannabeeahack wrote:

dont tell em?



And if they find out? You'll wake up one morning seeing your tool being towed away.


why? all they want is the repayments

ive bought cars for taxi work and vans for courier work (45,000 miles a year), never been asked

_________________
Of all the things ive lost, i miss my mind the most


Top
 Profile  
 
PostPosted: Sat Mar 19, 2016 10:13 pm 
Offline

Joined: Sat Aug 04, 2012 11:17 pm
Posts: 2712
Get VAT registered, get a new car on lease, get the vat back every month, hand car back every 2 years, get a new one, pay less tax. :)


Top
 Profile  
 
PostPosted: Sat Mar 19, 2016 10:23 pm 
Offline

Joined: Tue Apr 29, 2008 4:06 pm
Posts: 24391
Location: Twixt Heaven and Hell, but nearest Hell
roythebus wrote:
Get VAT registered, get a new car on lease, get the vat back every month, hand car back every 2 years, get a new one, pay less tax. :)


most wont do that cos cash fares would have to inc vat and they dont invoice the account work they do direct, its via a base so theyd have a total loss on vat returns, paying to to HMRC but not getting as input from work...

_________________
Of all the things ive lost, i miss my mind the most


Top
 Profile  
 
PostPosted: Sat Mar 19, 2016 11:15 pm 
Offline
User avatar

Joined: Wed Sep 03, 2003 7:30 pm
Posts: 57355
Location: 1066 Country
Nidge2 wrote:
Doubt you'd get 0% on a Taxi.

:D

_________________
IDFIMH


Top
 Profile  
 
PostPosted: Sun Mar 20, 2016 11:02 am 
Offline

Joined: Tue Apr 29, 2008 4:06 pm
Posts: 24391
Location: Twixt Heaven and Hell, but nearest Hell
Sussex wrote:
Nidge2 wrote:
Doubt you'd get 0% on a Taxi.

:D


when you check the fine print theres always a catch, it might say 0% but they make it up somewhere

_________________
Of all the things ive lost, i miss my mind the most


Top
 Profile  
 
PostPosted: Sun Mar 20, 2016 1:17 pm 
Offline
User avatar

Joined: Thu Dec 15, 2011 8:45 am
Posts: 9966
Location: Braintree, Essex.
wannabeeahack wrote:
Nidge2 wrote:
wannabeeahack wrote:

dont tell em?



And if they find out? You'll wake up one morning seeing your tool being towed away.


why? all they want is the repayments

ive bought cars for taxi work and vans for courier work (45,000 miles a year), never been asked


Not if it had to go in for warranty work with 80k on a 18 month old motor. The dealer will notify the finance house. I've seen it happen not so long ago round here.


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 25 posts ]  Go to page 1, 2  Next

All times are UTC [ DST ]


Who is online

Users browsing this forum: No registered users and 228 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Jump to:  
Powered by phpBB® Forum Software © phpBB Group