Own car used for business as I opted out.. Mondeo TDCi 130 brake LX 54 plate, 120,000 miles in, running sweet, but needs rear sub frame bushes (450.00) and a clutch soon (slips at 4000rpm when giving it the beans but OK otherwise)
All paid off in a couple of months, just received a cheque off the nice tax man for tax relief on business mileage (1100.00) so I could afford to put the sub frame and clutch right but….
I can keep it until September 2010 (then it is considered too old by the company)! and it we could save the car allowance up at about 270.00 a month (take home).
so, spend a grand on it now and it should make 3 grand back leaving me 2 grand up
or
sell it for a grand (perhaps) and I still have the tax mans grand too?