Member Since: 12 Feb 2006
Location: Midlands
Posts: 594
New Disco discount
Guys
Mate of mines son works for Land Rover and told me yesterday that his son can have cars at 25% discount off list for family and friends. A max of 2 a year. He is going to bring me a price list in next week.
Does this sound about right for the discount because I got a on.
Cheers Paul2006 TDV6 S Auto, Buckingham Blue, for the wife and kids.
2013 BMW 535d M sport touring.
24th Jan 2010 8:44 pm
Dennisperry
Member Since: 24 Jan 2010
Location: Stoke on Trent
Posts: 26
Hello. Does he need a new friend?????. I was only looking for an 05 or 55 but I could be persuaded lol.
24th Jan 2010 8:51 pm
paul
Member Since: 12 Feb 2006
Location: Midlands
Posts: 594
I could have a 55 plate for sale! if this comes to fact!
Cheers Paul2006 TDV6 S Auto, Buckingham Blue, for the wife and kids.
2013 BMW 535d M sport touring.
24th Jan 2010 8:52 pm
Dennisperry
Member Since: 24 Jan 2010
Location: Stoke on Trent
Posts: 26
Any more details, would prefer Silver or Grey colour, possibly white? What has your got?
24th Jan 2010 8:58 pm
skinnyrunt23
Member Since: 21 Sep 2008
Location: Nottingham
Posts: 75
i know someone who's relative works at LR solihull and they get 25% off. Thinking of asking him if we could do a deal? Take it you cant just buy a new discounted Disco4 at local dealer because you know someone that works at the factory...
i know someone who's relative works at LR solihull and they get 25% off.
Wonder if they will get taxed on the discount as a benefit in kind , as that sounds as if LR are selling to staff below cost?
.
26th Jan 2010 10:48 pm
paulJ1
Member Since: 17 Mar 2009
Location: Stewarton, Scotland
Posts: 268
I believe.... from a former colleague who used to work for JLR
its not a benefit in kind unless it costs the company any money. So they are not taxed.
Its the same for their company car scheme, they do not pay BIK, they pay a monthly admin fee to cover insurance and admin costs, the company sell the cars to the company car scheme at cost, they then sell them at 6~9 months old to trade (normally the nearly new stock at dealers), the selling price is the same as what they paid so no cost to the company therefore no benefit in kind.
Its the same reason why staff at the airlines get cheap airline tickets without BIK, they are all standby tickets, so as long as there is no net cost to the company no BIK.....
unless anyone tells me otherwise thats what i think......Got our Disco... Love it.....
26th Jan 2010 11:17 pm
Smarticus
Member Since: 01 Jan 2005
Location: Northumberland
Posts: 655
The "cost" of a D4 to LR is probably a good bit less than 50% of its normal selling price. That is before allocation of a share of the depreciation of the machinery usewd to build it and design costs etc.Disco 4 TDV6HSE
Defender 200TDi CSW
RR Evoque
26th Jan 2010 11:44 pm
skinnyrunt23
Member Since: 21 Sep 2008
Location: Nottingham
Posts: 75
paul,
let me know when you get a price list please.
27th Jan 2010 10:54 pm
hensoni
Member Since: 01 Oct 2007
Location: Sleepy Somerset
Posts: 576
Quote:
benefit in kind unless it costs the company any money
Not true. BIK is due of the employee if they have received "a benefit in kind..." from their employer. If a benefit is deemed to be provided in lieu of salary, then the employee has to pay an appropriate amount of tax. There are some notable exceptions to this rule that most company Directors and their accountants take advantage of - but a car is not one of them!
Depending on the benefit provided to the employee, then the employer pays additional National Insurance Contributions (NICs). Benefits are a right nightmare. It's all available on the HMRC website - if you know where to look!
When I reach 65 I can start getting discount on Ford and associated group cars again..... but until I become a Ford pensioner no beans. Was gutted when they sold LR
Usually only possible to gift the discount to immediate family, and checks ARE done (or used to be). Not to say things weren't sometimes done behind the scenes. I know it's not considered "kind" to say no these days, but no. Just no, ok? And if it's not ok, still no.
29th Jan 2010 12:21 am
mwestcrew
Member Since: 24 May 2005
Location: Warwickshire
Posts: 334
Buying a car from your employer at a discount is not a B.I.K. so long as the discount does not exceed the cost of producing the car.2011 D4 Landmark, Mini Cooper SD Clubman, Range Rover Vogue SE
29th Jan 2010 9:02 am
SN
Member Since: 03 Jan 2006
Location: Romiley
Posts: 13710
When my employer was owned by General Motors we used to receive Vauxhall company cars straight out of the factory - we kept them 10 months/10000 miles and then they went back and ended up at Network Q - Company Car Tax applied - though you could buy the car from Vauxhall for the same price that Network Q paid for them - so generally a 50% saving on new after 10 months was pretty goodSteve N | 21MY Defender | 08MY Discovery 3 (history) | 06MY Discovery 3 (ancient history)
29th Jan 2010 9:40 am
steve smith
Member Since: 11 Mar 2008
Location: up north towards the hills.
Posts: 2427
20% discount if you are a Land Rover Employee Steve
1st Feb 2010 9:48 am
deehamps
Member Since: 13 Jan 2010
Location: Berkshire
Posts: 25
Hello everyone, I'm new to this forum and the LR brand.
I placed a order just before new year and expect delivery of my new Discovery 4 XS mid Feb....Cant wait!!!
We got a 7.5% discount on the car through my better halfs employer the only problem is that the motor is in her name but i can live with that.
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