How Can I Get The Car I Want In 2025? with Ammar Farishta

Dentists Who Invest Podcast

Need help with car finance? Reach out to Ammar Farishta here >>> https://dentistswhoinvest.com/car-finance

———————————————————————
Thinking about financing a new vehicle as a dentist in 2025? Whether you're considering an electric car, leasing through your limited company, or planning for your next business vehicle, this episode breaks down everything you need to know about car finance in the current landscape.

We explore the latest changes to electric vehicle (EV) taxation. From April, EVs now attract a £10 vehicle tax in the first year, followed by a £195 annual charge. While EVs were once tax-free, the government has gradually reduced incentives. However, there is good news – the previously planned luxury tax on EVs costing over £40,000 has now been scrapped, making premium electric cars more affordable for professionals.

One of the biggest developments for dental professionals is access to car finance for new limited companies. Traditionally, dentists had to wait over 12 months before applying for vehicle finance through their business. Thanks to new provider partnerships, it is now possible to lease vehicles earlier – even within the first year of trading. While early finance may come with higher rates, refinancing after six to nine months can unlock more competitive terms once your business credit improves.

The episode also provides important updates on lead times for factory-ordered vehicles. With production times stabilising post-COVID, custom orders typically take 12 to 16 weeks – so if you're targeting the new September '75 plate, now is the time to act.

Tune in to learn how to maximise your options and make smarter decisions when financing a car as a dental professional. Whether you're buying new, used, or leasing through your company, this episode gives you the up-to-date insight you need to get the best deal.

———————————————————————
Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional. Investment figures quoted refer to simulated past performance and that past performance is not a reliable indicator of future results/performance.

Send us a text

Chapters

1. Introduction to Car Finance for Dentists (00:00:00)

2. Leasing Explained: How It Works (00:01:30)

3. Road Tax Changes for EVs (00:03:08)

4. New Solutions for Limited Companies (00:06:58)

5. Refinancing Options and Flexibility (00:11:38)

6. Factory Orders: Timing Is Everything (00:15:03)