Get a gas guzzler?

January 24th, 2011  |  Published in Uncategorized

Thanks to the recession and the price of petrol, the price of large gas guzzlers has dropped through the floor. I just bought a big-engined car that was over £70K new for just £7K! Nice if you dont do the mileage, or have another (more economical) vehicle to do the serious miles.

But did you know, if you get one older than March 2001, you predate the CO2 emmisions legislation, and you logbook will give the emmisions as ZERO!!!

The rersult is cheap road tax, and the restriction on Capital Allowances, limiting them to 10% on high emmisions vehicles does not apply. Save tax (but not neccesarily the whale) – buy a V8!!

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