| Comment | Private regys appreciate in value. Business vehicles use them to offset the depreciation of the actual vehicle. It doesn't usually completely reverse the cost, but the profit over 5 years coupled with HMRC deductions does seriously remove most of the loss.
Another benefit include masking a vehicle's age. And then, although subjectively, adds an element of prestige or even company branding.
(I think that's a Skoda Rapid btw) |
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