Mud-club
Chat & Social => The Bar - General Chat => Topic started by: dreadnought110 on January 16, 2007, 19:42:41
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Here's a good one for the discussion for all the truckers?? Did you know that a new tractor unit depriciate's at £1 an hour 24hrs a day 7 days a week for the first 5 years of ownership :shock: :shock:
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My p38 has done 52p and hour for 24hours a day for the last 10 years!
Work it out!!!! £50k new, ten years later about £5k value
Somehow the Truck doesn't seem that bad seeing as it has probably earned its keep!
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My p38 has done 52p and hour for 24hours a day for the last 10 years!
Work it out!!!! £50k new, ten years later about £5k value
Somehow the Truck doesn't seem that bad seeing as it has probably earned its keep!
on reflection probably best not work it out??? 8) 8)
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Ouch... Is make you wonder how anyone makes any money in transport what with fuel being a total rip off.
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Claim the VAT back on the depreciation. Thats why any one earning enough to pay tax always has a nice new car / van what have you.
Article in LRO on the matter last month.
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My Micra depreciated at £1,000 a month when it was new, apparently.
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My Micra depreciated at £1,000 a month when it was new, apparently.
I've never had a new car. Most of the time I could'nt afford one, and when I could, I had more important places for the money to be spent... I never felt that the money was worth spending as you loose so much in the first three years. The youngest car I ever had was about five years old when I brought it. My disco is a '94... I brought it in 2005, had I brought a new disco i would have already lost twice what I paid for mine...
All down to priorities I guess...
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All down to priorities I guess...
Well they say you pays your money......
When some t**t in a white van hoit the back of my Micra, whilst stationary, it was valued for insurance purposes at 4k less than I had paid, in fact make that 4 1/2k as I just dug out the paperwork on the finance. Had my insurance not had to replace new for old I would have got a cheque for 6 grand to replace a brand new car. Unfair or what?
But the car is for work, so I don't have much choice, do I?