Is it worth going for company car scheme? Is Arval better or Alphabet? Any idea on lease breakage fee if we leave ACN?

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What is alphabet ?

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ABCDEFGHIJKLMNOP

Experience with Arval is pretty terrible but it is what it is. You use them once every 3 years. Trying to get a cancellation fee from them is like getting blood from a stone -- it is vague and changes as you get closer to delivery day - but not in a prescribed/upfront way.

Haven't used Alphabet. Found it too difficult to even login. I understand it is cheaper but where as Arval includes insurance (you join their fleet), I think Alphabet is a bit more similar to getting your own policy/based on your own risk. You can win and lose on this!

I think my point is - before you lock in that £433 as the actual price, run the numbers yourself on salarycalculator.co.uk. Put in all your details so it gives you your exact take home, and then model the impact of the £900/mo. Alphabet seems to overestimate the discount for a 40% rate tax payer. BIK is also going to increase each year.

Arval gives you a full breakdown by tax bracket per year.

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Depending on the vehicle you’re after I found Arval to have good deals on all the Chinese car brands such as MG and Omoda. But other than that it’s not brilliant. If you want to cross compare I recommend doing so against leaseLoCo

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