Shen1947

Hi, I’m looking to purchase an electric car with a view to claiming 100% FYA allowance. * Car registered by dealer in Sep 2023. * Sat on the forecourt till today with 10 miles on the clock (from factory delivery truck into showroom) * it is now Aug 2024 & nearly a year has passsed. The car being a pre registered & used as a showroom car (not a demonstrator car). If the company purchases, it will be shown as second owner. Can you please clarify if the company can claim 100% FYA based on being unused & a demo car can be seen as ‘new & unused’ (all demo cars must be pre registered so it’s a confusing statement from HMRC guidelines). This is a showroom display car & fall under a niche category. Or would HMRC take the easy route that a pre reg car means used even though there is no usage. Could you please help clarify? Much appreciated.