BigGrin

Just a thought but if everyone is so concerned about mpg, what about this.....

the answer

:D

Fully expect to get flamed for that

RobDickinson

Surely the ppm is based on engine size? And its a '2.6' according to all the .gov agencies and insurers.


As to conversions. I'll wait for hydrogen, LPG , if/when it gets to popular will have huge tax dumped on it, hydrogen is redily avalable...

BigGrin

Rate per mile for most companies who are paying a car allowance to the employee is based on Inland Revenue figures.

Currently there are 2 figures, 12p per mile for cars up to 1999cc and 14p per mile for cars greater than 2000cc

Your employer can apply to the inland revenue for special dispensation to pay more per mile, but if you are also claiming tax relief for the business miles you do in the car then this just gets subtracted from your relief.

i.e you can claim tax relief for the first 4000 business miles ( i think, and believe me I am no expert ) @ 40p per mile minus what you have been paid by the company.

After 4000 miles the relief drops to 24p per mile ( i think again )

Too much think for one day, time for a lie down.

Prism

I am going to make this very same assumption when claiming my tax back for work miles. A 2.6 is worth 63p a mile up to 4000 miles but I can't remember the lower number off the top of my head.

However I may instead use the exact method for next year which takes into account all millage and costs for the year and allows you a proportion back. This may work out better than even the 63p a mile.

I've had to become a bit of an expert in this over the last few years as my company only paid 15p or 10p a mile. I usually got back about 500 to 800 in tax relief from the IR each year

copperband

I too get 14p per mile back from my employer which means the car I drive needs to average 24mpg to break even.
I am now upto 600 miles 90% of which has been motorway at 80 - 90. I am getting around 21mpg so I am loosing out each time I get in the car (from a financial perspective only ) doing approx 35,000 miles a year is going to cost me dear compared to my old 325ci which averaged 31mpg.

Ed

Prism

You do know that you can claim back the tax difference between what your employer gives you and the standard 63p or 45p millage rates. So although you still lose out a little you can get some of that money back in tax.

For example, in year ending April 2002 I had done nearly 4000 miles in my GT Four for work at 15p a mile (it was 10p the year before - eek). I got back nearly £500 in tax on the difference between 45p and 15p @ 40%.

This probably didn't pay for my poor mpg but it goes someway to compensate the loss

Contigo

Ok my mpg observations.

Empty light was on (been on for 20 miles of motoring). Went to the garage and filled her right to the brim (54 litres of SUL =£45)
I drove up north until the light had been on for the same distance.

I did 281 miles
Divide it by 11.65 gals and you get 24mpg.

Not bad at all. I was switching between 80 and 90 and the car is soo smooth in 6th!

AnilS

First tankful (dealer filled it but probably not to the brim), got 240 miles, so approx 21mpg.

All at 4K revs or less, with mixed driving.

AnilS.

SoulShifter

Have to say, I don't know how you guys are doing so many miles per tankful... I did an entirely motorway trip (except for perhaps 20 miles or so) and struggled to get 230 miles up!

Still nevermind eh!

As for the grin factor... haven't properly pushed it yet and am going from an S2000 to RX-8 so A) it'll have to be pretty damn good when pushed and B) am used to revving very highly so it'd better get used to it quick! So far I am getting less miles from the tank than I did in the S2000 and it's costing me £10 more to fill up, so not as happy as I could have been...

druck

With the Renesis you can take your pick of engine size.

1.3 litres by swept volume
2.6 litres by tax, insurance and racing class
3.9 litres by thirst and fun

Cheers
---Dave

Edo

This worries me - how bad is it going to be with the full rev range in use??

Also, are people leaving Climate on or off most of the time?