![]() | Home > General (L405) > Should I go or should I stay |
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supershuttle Member Since: 20 Mar 2011 Location: Lancashire Posts: 3888 ![]() ![]() ![]() |
Actually "Stick or Twist" might be a better title as I'll be staying with Range Rovers. I've got the urge to buy a newer Range Rover and the L460 hasn't grown on me enough yet. So I've been looking at a 2018 SVO 5.0L petrol because my current diesel isn't ideal for the short journeys SWMBO requires me to do (the local Tesco is only 2 miles away) and although I am tempted by a P400e I've had the 5.0L petrol before and liked it apart from having to get fuel constantly (but Tesco has a filling station). It seems I would have to swap mine and add £40k but £40k buys a lot of fixes (just recently had the rear brakes done) and I need to get the parking sensors fixed, the fridge/cooler has never worked and the last MOT said the rear ACE pipes were corroded. So about £5ks worth of repairs and I do like this car so should I Stick or Twist?. New car would probably have 5 years and 100,000 miles advantage over existing car, not bothered about the fridge. Geoff |
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Haylands Member Since: 04 Mar 2014 Location: East Yorkshire Posts: 8509 ![]() ![]() ![]() |
Twist.... Do what you like, life's too short. |
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Martin2 Member Since: 15 Jun 2020 Location: Northamptonshire Posts: 800 ![]() ![]() |
Definitely twist. You only live once |
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Mr Tee Member Since: 13 Dec 2010 Location: Near Wackyjim Posts: 2681 ![]() ![]() ![]() |
Do it , they are fabulous 2019 SV AB Dynamic Scafel Grey |
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supershuttle Member Since: 20 Mar 2011 Location: Lancashire Posts: 3888 ![]() ![]() ![]() |
Thanks all
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Alistair Member Since: 11 Feb 2011 Location: Peterborough / Bordeaux / Andorra Posts: 7998 ![]() ![]() ![]() |
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stan Site Moderator Member Since: 13 Jul 2010 Location: a moderate moderated moderator moderating moderately in moderation Posts: 35603 ![]() ![]() |
i asked myself this question last year and because of YOLO i sold my old one and bought my new one..
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supershuttle Member Since: 20 Mar 2011 Location: Lancashire Posts: 3888 ![]() ![]() ![]() |
It’s a good thought but I’ve always thought YOLO a bit selfish I want to leave as much as possible to my kids - but then again I could leave them an L460 which of course wouldn’t attract IHT 😀 Geoff |
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goldeneye32 Member Since: 10 Jan 2024 Location: Hampshire Posts: 66 ![]() ![]() ![]() |
Nice thought but unless you put the car in their name, then, when the Solicitor does probate and all your assets (including cars) are listed, if it takes it over the 325K (650K) if your missus dies before you, then they'll pay tax.
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Alistair Member Since: 11 Feb 2011 Location: Peterborough / Bordeaux / Andorra Posts: 7998 ![]() ![]() ![]() |
When thinking about IHT...... it just means that everything you buy until you die comes with a 40% discount |
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supershuttle Member Since: 20 Mar 2011 Location: Lancashire Posts: 3888 ![]() ![]() ![]() |
So I buy now for £100k car will only be worth £10k when I die so we are back with YOLO I’m saving the kids £90 k and enjoying the deprec while I live, in fact the longer I live the more they save and in the meantime I’m enjoying being Mr Toad win-win Geoff |
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Kot Member Since: 10 Mar 2021 Location: broadland Posts: 1310 ![]() ![]() |
Did you check the road tax changes from 1st April? 2018 SE SDV8 4.4 Byron Blue |
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Alistair Member Since: 11 Feb 2011 Location: Peterborough / Bordeaux / Andorra Posts: 7998 ![]() ![]() ![]() |
Mine renews in April, so I got a nice email from the DVLA advising me that they'd be taking £710 from my account |
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supershuttle Member Since: 20 Mar 2011 Location: Lancashire Posts: 3888 ![]() ![]() ![]() |
No need to worry Alistair its 600 quid versus 700 quid - noise in the great scheme of things. Geoff |
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