Spoke to my payroll person if I don’t take the company car i would be better off by £472 a month in total with the allowance and savings in tax.
Typical cars on the list to choose are a BMW 320, Audi A4, Merc C class or a compact 4x4 such as Ford Kuga or a Tiguan but basically anything with 4 doors up to value of £32 K
So it’s now to weigh up if having a new car that I don’t have to pay tax, insurance, servicing, repairs for etc is worth £472 a month
The policy states that if I take the allowance I must have available a 4-door car, that promotes the image of a senior manager of the company - so suppose that’s pretty open.