jaimito wrote: Can you advise on following options please:
a) Buy my own car and work self employed for a firm
I have some capital and need to buy a car for the family anyway.
b) go and work for a company that gives the car as part of the deal
There is a firm in london called Addison Lee who provide the car for a fixed fee of £70 week, they claim I could earn around £700 week clear - is this standard?
Whats the best in terms of income / flexibility etc.
I think that in general terms you'll make more with your own car, but it's quite a simple business to do the sums, and of course if you rent a car but can't use it privately then you'll have the added expense of running another car.
It might be a good idea to drive a company car to start with, then you can always put your own on, and it's unlikely that you'll have any long-term committment to a company car.
As for the earnings figures, who knows - you might have to work 80 hours, and every Friday and Saturday night to make the figures that are claimed.
You say the Addison figures are net, but I'm sure some firms advertise gross figures, then you have to take off at least £300 for car, radio, insurance, fuel, maintenance etc.
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