wildebus
Full Member
- Messages
- 6,950
Just a comment on the VAT thing ... I've seen this said for years and years. But is it actually correct?
Yes, you pay VAT so of that £60k, only £48k stays with the Dealer. But does it mean the van is only worth that the day after you buy it? not really.
If you decide to resell it TO A DEALER, then yes, it is only worth less than £48k to them as they could get brand new for less, but if selling privately, the private buyer would have to pay close to £60k for a pre-reg van and if you offered yours at a couple of thousand less (rather than 20% less), it would sell.
Yes, you pay VAT so of that £60k, only £48k stays with the Dealer. But does it mean the van is only worth that the day after you buy it? not really.
If you decide to resell it TO A DEALER, then yes, it is only worth less than £48k to them as they could get brand new for less, but if selling privately, the private buyer would have to pay close to £60k for a pre-reg van and if you offered yours at a couple of thousand less (rather than 20% less), it would sell.