Comments for New Cars Deals http://www.newcarsdeals.co.uk We search the web to find you the best deals on new cars Mon, 09 Mar 2009 10:09:26 +0000 http://wordpress.org/?v=2.9.1 hourly 1 Comment on Saab No VAT Offers by admin http://www.newcarsdeals.co.uk/2009/02/13/saab-no-vat-offers/comment-page-1/#comment-12 admin Mon, 09 Mar 2009 10:09:26 +0000 http://www.newcarsdeals.co.uk/?p=110#comment-12 @Matt You are absolutely correct of course, a 15% discount is not the same as removing the VAT. It is, as you say, a more generous discount. If the offer was phrased slightly differently - e.g. "we pay the VAT for you, that's the equivilent of a 15% discount" - then as you have pointed out that would be inaccurate and could cause the company making the claim some problems! @Matt

You are absolutely correct of course, a 15% discount is not the same as removing the VAT. It is, as you say, a more generous discount. If the offer was phrased slightly differently – e.g. “we pay the VAT for you, that’s the equivilent of a 15% discount” – then as you have pointed out that would be inaccurate and could cause the company making the claim some problems!

]]> Comment on Saab No VAT Offers by Matt Gowen http://www.newcarsdeals.co.uk/2009/02/13/saab-no-vat-offers/comment-page-1/#comment-10 Matt Gowen Sat, 07 Mar 2009 20:06:17 +0000 http://www.newcarsdeals.co.uk/?p=110#comment-10 Yeah... another major point... Taking 15% off the price is NOT equivalent to removing VAT...they are actually removing more than the added VAT! Basic GCSE level Maths! A quick example : if the original price is £10000, and you add VAT (15%), the sale price is £11500. If you now reduce this price by 15% (10% is £1150, 5% is £575, 15% is £1725, the sale price is £9750... They're being a bit more generous that they're advertising! I guess that's fine! Yeah… another major point…

Taking 15% off the price is NOT equivalent to removing VAT…they are actually removing more than the added VAT! Basic GCSE level Maths!

A quick example : if the original price is £10000, and you add VAT (15%), the sale price is £11500. If you now reduce this price by 15% (10% is £1150, 5% is £575, 15% is £1725, the sale price is £9750…

They’re being a bit more generous that they’re advertising! I guess that’s fine!

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