forresthills Posted October 2, 2012 Report Share Posted October 2, 2012 So, as the title suggests....what would you choose? The rules are simple. It must be more than 15 years old to qualify (according to HMRC) and for the purposes of this thread must be valued at less than £15,000. If the current value is more than 15K then that is the basis for its tax valuation. But if it's less, then they take the original purchase price, which for a car only just 15 years old might not be that much of a tax advantage. But if your car is from the 1960's say, the original list price could be ridiculously low, just a few thousand or even in the hundreds. The final tax calculation is based on engine size, ranging from 20% to 35% from memory, so you purchase price new could be key. There is more info here if you are interested (an old Telegraph feature) Buying classics: King of the company car park, or joker? - Telegraph I'm not due to change until next year, but this has really got me thinking...would a classic car as everyday runner be practical. In my case my wife has a family car, so mine could be a little more fun (but must be good for £25k + a year....maybe this isn't such a good idea after all) Ignore all that. What would you have? I'm thinking Porsche 911 circa 1960's...the company can foot the maintenance bill. I wonder how much restoration you could put down to maintenance in the eyes of HMRC ( ) Link to comment Share on other sites More sharing options...
DanG Posted October 2, 2012 Report Share Posted October 2, 2012 Early 911's are not cheap to buy these days, an original 1970 911S will set you back £95,000... even a lowly T in good condition is touching £40k. Annual maintenance isn't too bad at all, although they take 11 litres of oil....! 80's 911s are a lot cheaper, but were in the mid £20ks when originally priced. I like the idea of a classic company car, but would probably go British a they were cheap back in the day. TR6? Link to comment Share on other sites More sharing options...
garcon magnifique Posted October 2, 2012 Report Share Posted October 2, 2012 Depends on your tastes. A lot of the obvious stuff would be over 15 grand in the right condition. A few that I'd consider: BMW 635CSI Merc CL / S Class coupe Classic Range Rover Opel Monza Bentley Turbo R/Mulsanne There are a few 911 3.2 Carreras for that kind of money, but I'd be wary. Link to comment Share on other sites More sharing options...
cruiser647 Posted October 2, 2012 Report Share Posted October 2, 2012 No need to look any further......... Used JENSEN Car for Sale - Auto Trader UK or This lovely V12....... http://www.autotrader.co.uk/classified/advert/201238485621680/sort/default/usedcars/price-to/15000 /maximum-age/over_10_years_old/make/daimler/onesearchad/used/onesearchad/nearlynew/onesearchad/new/page/3/radius/1501/postcode/pe29rs?logcode=p Link to comment Share on other sites More sharing options...
forresthills Posted October 2, 2012 Author Report Share Posted October 2, 2012 Early 911's are not cheap to buy these days, an original 1970 911S will set you back £95,000... even a lowly T in good condition is touching £40k.Annual maintenance isn't too bad at all, although they take 11 litres of oil....! 80's 911s are a lot cheaper, but were in the mid £20ks when originally priced. I like the idea of a classic company car, but would probably go British a they were cheap back in the day. TR6? Maybe a 912? I was sort of suggesting you could buy something that need work and would thus have a lower current market value....and hide the restoration in the maintenance costs. But that would be dishonest and probably illegal...and I would never do that! Link to comment Share on other sites More sharing options...
garcon magnifique Posted October 2, 2012 Report Share Posted October 2, 2012 I remember someone telling me he'd managed to get his Jensen running more efficiently than it had ever been in all its life. 8 mpg. Link to comment Share on other sites More sharing options...
forresthills Posted October 2, 2012 Author Report Share Posted October 2, 2012 Depends on your tastes.A lot of the obvious stuff would be over 15 grand in the right condition. A few that I'd consider: BMW 635CSI Merc CL / S Class coupe Classic Range Rover Opel Monza Bentley Turbo R/Mulsanne There are a few 911 3.2 Carreras for that kind of money, but I'd be wary. When you think about it, there is quite a lot of choice. You can end up with a lot of car for money with no worries about the running/maintenance costs. Which might be the case with some of those. Link to comment Share on other sites More sharing options...
forresthills Posted October 2, 2012 Author Report Share Posted October 2, 2012 I remember someone telling me he'd managed to get his Jensen running more efficiently than it had ever been in all its life. 8 mpg. At 25K or so a year - maybe not. Even the RRS manages mid to late 20's. Link to comment Share on other sites More sharing options...
cruiser647 Posted October 2, 2012 Report Share Posted October 2, 2012 At 25K or so a year - maybe not. Even the RRS manages mid to late 20's. Don't suppose the Daimler V12 would be much better. OK, back to my drawing board and thinking cap Link to comment Share on other sites More sharing options...
forresthills Posted October 2, 2012 Author Report Share Posted October 2, 2012 I guess practicality and the real world aren't the point of this thread. I want the Tyresmoke massive to come up with those left field solutions that make you think....ummmm now that is a pain the arse car that I could put up with breaking down very other week, cause when its running fine and the sun is shining there is no place I'd rather be. As opposed to the reality which is queuing at the QE2 Bridge each night, wondering why I bother. Forget about me. What would you choose? Link to comment Share on other sites More sharing options...
cruiser647 Posted October 2, 2012 Report Share Posted October 2, 2012 (edited) Jensen Interceptor or a Ferrari 412i But on a practical level, it'd probably be an old Maserati Biturbo Coupe of some sort as I like them! As above, I really rate the Monza and the BMW M635i Edited October 2, 2012 by cruiser647 Link to comment Share on other sites More sharing options...
garcon magnifique Posted October 2, 2012 Report Share Posted October 2, 2012 Ferrari 412i Depends how much time you like to spend at the side of the road "tinkering". ("tinkering" = waiting for a recovery truck. ) Link to comment Share on other sites More sharing options...
forresthills Posted October 2, 2012 Author Report Share Posted October 2, 2012 The new Pistonheads classifieds filters make this easier. Used LOTUS ELAN +2 1968 for sale - PistonHeads (Ref 809201) Used PURE QUALITY 1966 MUSTANG HARDTOP SPORTS COUPE for sale - PistonHeads (Ref 646316) Used MERCEDES 190 FINTAIL for sale - PistonHeads (Ref 474844) Used Nissan Skyline GT-R V-Spec Le Mans Limited Edit... for sale - PistonHeads (Ref 753663) Used Chesil Speedster 356 ( Deposit Taken ) for sale - PistonHeads (Ref 663618) Used ROLLS ROYCE SILVER SHADOW 11 for sale - PistonHeads (Ref 795175) :) :) :) Link to comment Share on other sites More sharing options...
Tipex Posted October 2, 2012 Report Share Posted October 2, 2012 Lancia Delta Integrale or Thema 8.32, Escort Cossie? Link to comment Share on other sites More sharing options...
cruiser647 Posted October 2, 2012 Report Share Posted October 2, 2012 Depends how much time you like to spend at the side of the road "tinkering".("tinkering" = waiting for a recovery truck. ) Rubbish man! you'd just have one following at all times at a 'reasonable' distance so not to be obvious! Link to comment Share on other sites More sharing options...
DanG Posted October 2, 2012 Report Share Posted October 2, 2012 912 is a great option! They are superb drivers, not quick, but so much fun! You can pick up spare engines, rebuild and swap them over every so often! only little 1.6 4 pots. Going up in value by the day too. Link to comment Share on other sites More sharing options...
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