General Panda Van

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General Panda Van

Perhaps in the RoI, where I believe there is a tax loophole that allows car derived vans to be bought or run at a lower tax rate. I'm always bemused by the large number of three and five door Toyota Landcruiser 'vans' you see in some rural areas.

Can anyone confirm this, or am I rambling on again? :)
 
Perhaps in the RoI, where I believe there is a tax loophole that allows car derived vans to be bought or run at a lower tax rate. I'm always bemused by the large number of three and five door Toyota Landcruiser 'vans' you see in some rural areas.

Can anyone confirm this, or am I rambling on again? :)

I think the same applies in the UK - or used to - I had a colleague with a Range Rover "van" - rear side windows were panelled in and he saved a lot on tax.
 
I think the same applies in the UK - or used to - I had a colleague with a Range Rover "van" - rear side windows were panelled in and he saved a lot on tax.

Isn't it capital gains or something? I'm probably talking crud TBH at Stu DemonD knows this sort of stuff I believe.
 
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Nowt to do with Capital Gains cars are termed a Chattel or wasting asset with an expected life of less than 50 years, as such Cars are exempt from CGT - hence why the rich of this world like having collections of rare, appreciating, exotica, no CGT on sale.

I thought 'vans' over cars was to do with reclaiming VAT?
 
Panda Van. That is such a bad sign.
If the factory was anywhere near capacity they wouldn't be going any where near this niche.
There still isn't a Panda Abarth and when it arrives the Up GT is going to wipe the floor with it. No youngster wants a 5-door GTI hot hatch car.

While FIAT try to chase niche products with a volume of a few thousand per year the VW UP factory in Slovakia is at capacity churning out 1000 UP/Citigos/Miis every day.
http://www.autoexpress.co.uk/skoda/citigo/62216/skoda-citigo-first-report

I just hope that they have learnt from the Grande Punto that putting a new nose on the car won't work.

How did it ever come to this.
 
Panda Van. That is such a bad sign.
If the factory was anywhere near capacity they wouldn't be going any where near this niche.
There still isn't a Panda Abarth and when it arrives the Up GT is going to wipe the floor with it. No youngster wants a 5-door GTI hot hatch car.

While FIAT try to chase niche products with a volume of a few thousand per year the VW UP factory in Slovakia is at capacity churning out 1000 UP/Citigos/Miis every day.
http://www.autoexpress.co.uk/skoda/citigo/62216/skoda-citigo-first-report

I just hope that they have learnt from the Grande Punto that putting a new nose on the car won't work.

How did it ever come to this.

To be fair to Fiat they have always done a Fiat Panda "van" in Italy. You see loads of the Mk 2 Panda vans running around in all sorts of liveries.
 
no problem except that vans are low margin. sports hatches are high margin.
VW can excused because they don't have their turbo 1 litre in production yet and the market is already taking all the naturally aspirated models they can throw at them.
Fiat have a turbo'd 105bhp engine already so why hasn't it found it's way in to the Panda yet.
 
I don't know, but seeing as this has rear seats and glass rear windows how can it be put in the 'van' catagory? Plus the rear seats still don't fold flat :bang:

Palio @ panda tax

I expect you would have to vat registered or self employed to benefit buying this tax wise Gavin?

You don't really want to know John as like most things on this subject it's deadly dull! ;)

If anyone REALLY wants to know the rules for a van qualifying to reclaim the Vat (if you are Vat registered) are at http://www.hmrc.gov.uk/vat/sectors/motors/what-is-car.htm The link from there tells you which of the current Fiat car based vans qualify. The Panda isn't on there but wouldn't qualify with rear seats unless it has a payload over 1 tonne.

Of course the rules are slightly different for claiming capital allowances (effectively depreciation) http://www.hmrc.gov.uk/manuals/camanual/CA23510.htm If it doesn't have back seats you'd be able to claim 100% when you buy it (not a car), otherwise (depending on the CO2 level) a certain rate each year. Yes you need to be self-employed/running a business for this.

Fun aint it :rolleyes: :bang:
 
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