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| Home » Mitsubishi L200 News » New Mitsubishi L200 Double Cab Pick-Ups | ||
The UK’s pick-up sector last year accounted for 34,314 sales, the eighth year in succession of growth. In 1998, when double and club cab pick-ups started to enter the market, total sales were just 7,553 units. The 347% growth has been driven by private buyers wanting more versatile SUV vehicles, company car users attracted by the low taxation levels, fashion conscious must-have recreational users, owner-operators, small business customers and to a lesser extent by commercial and farming users opting for a pick-up rather than a utilitarian 4x4. In addition to customers wanting more recreational and lifestyle vehicles such as sporting pick-ups, company car users who see them as a way of reducing personal taxation have also driven the growth of double cab sales. Mitsubishi points out that although ‘Benefit in Kind’ tax will increase from April 2007 to £3000, from £500, for a driver using a pick-up as a company vehicle this is still significantly less than the charge for an equivalently priced car. There will also remain an advantage for pick-up drivers paying less fuel tax than their counterparts driving an equivalent company car. For a company or business the VAT element can also be claimed back if the pick-up is used as a commercial vehicle, hence the reason prices for commercial vehicles are quoted ‘less VAT’. The L200 range has consistently been the market leader and at its peak in 2003 the range accounted for 45% of all UK pick-up sales. Since then even with the emergence of lifestyle and workhorse models from other manufacturers such as Ford, Nissan, Toyota MotorTorque |
