7: Specialist advice

Vantage Toyota York promotes a reputation as a specialist provider of advice and support and business centre manager Ian Johnstone lived up to that when local businessman Simon Cartwright, of Greens Estate Agents, entered the dealership.

Cartwright was looking to leave employment and go it alone. However, he had little experience of running his own business or knowing the ins and outs of owning a business car.

Johnstone went through a number of vehicles with Cartwright and worked through procurement options that would help him retain capital for the start-up business.

Johnstone secured Cartwright a Yaris Hybrid via Access Toyota in time for the business launch, which enabled him to claim the full write-down tax allowance due to its low emissions rating.

Cartwright got the car he wanted and with a method that generated the start-up business a further £3,200 of tax-free income in its first year of trading. The dealership also included the first two services free of charge, a small expense for the dealership, in order to assist the business in its early days.

>> 8: The power of a meaningful gift