All depends on your business mileage as to which route proves more beneficial.

You need to calculate out using both methods in order to determine which the best option for your business is.

As the car looks to be a higher mid range model I'm suspecting that running through the company will end up the better option but as I say, it all comes down to the business mileage that he'll be doing.

Hope that helps for starters,

Shaun.

fuel is a different kettle of fish in that you get no reduction for partial personal contribution making personal contribution for personal mileage pretty much a non starter and as the car does not belong to the director (but to the company) the 45p per mile is not an option.

With such low business mileage for such an expensive care it's also not going to be viable buying personally and charging the company mileage.

Is there any good business reason why he needs such an expensive car? If not, if the cars to impress clients then why not buy a second hand car personally and charge mileage through the company. There are certainly plenty of good deals to be had on second hand beemers and mercs at the moment and to my mind a five year old one of either of those is a lot more impressive than a brand new car from a lot of other manufacturers (Audi owners can start burning effigies of me now (lol)).

If the car is something role specific rather than an ego purchase (such as a 4wd for off road / building site work) then there's likely to be very little by way of option in which case considering the cost I believe that you will find putting everything through the company a better option.

However, you should either do your calculations based on both approaches and make your decision that way or consult your accountant who will be able to take all of your tax matters into consideration before giving you the proper decision in relation to your specific circumstances.

kind regards,

Shaun.