[x-type] Car price for UK tax purposes (limited Jag content)

X-Type
1

Hello

I am seriously considering getting a new X-type SE as part of my
new job perks. I’ve been self-employed for almost a decade so am a
bit rusty on the company car rules and I hase questions the Inland
Revenue site doesn’t seem too clear on:

I would obviously get more car for my allowance by buying higher
spec secondhand. Can UK listers confirm that since for tax purposes
it is the price when new that they use, then even if I got a
bargain my liability would be exactly the same as if I’d bought the
car brand new several years ago?

Are there any break points in terms of age at which the car’s value
is regarded as reduced? Would buying a 5-6 year-old XJR or Super V8
for a quarter of its new price (approx) land me with the same tax
bill as if I’d forked out the full price way back when?–
Peter Crespin 94 X300 Daimler / 66 2+2 ‘E’
Buxton, United Kingdom
–Posted using Jag-lovers JagFORUM [forums.jag-lovers.org]–
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2

In reply to a message from Peter Crespin sent Fri 21 Jan 2005:

See link.
Its all a con anyway as Revenue have always insisted value based on
full list, that no one actually pays. It was twisted socialism that
caused this ie if you worked for large employer he would be getting
a better fleet discount that a small company.
So therefore large company employee would have benefit, and under
socialism you all have to be equal!

Motoring costs: the cost of running a car | The AA?
page=home–
The original message included these comments:

Revenue site doesn’t seem too clear on:
Are there any break points in terms of age at which the car’s value

–
X TYpe SE Owner
–Posted using Jag-lovers JagFORUM [forums.jag-lovers.org]–
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3

In reply to a message from Gel sent Fri 21 Jan 2005:

This is an interesting topic, but let’s stick to
Jaguars/automobilies without political commentary, please.

John–
John S
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4

In reply to a message from John S sent Fri 21 Jan 2005:

Well said, but I’ll check the link if it’s not one I’ve seen.
Thanks.–
The original message included these comments:

This is an interesting topic, but let’s stick to
Jaguars/automobilies without political commentary, please.

–
Peter Crespin 94 X300 Daimler / 66 2+2 ‘E’
Buxton, United Kingdom
–Posted using Jag-lovers JagFORUM [forums.jag-lovers.org]–
–Support Jag-lovers - Donate at http://www.jag-lovers.org/donate04.php –