Luckily/ or unluckily depending how you look at it, im in the 22% bracket, but you are spot on with regard to how it all works.
Intially we are given a "Budget" of around £16k as a
guide. It all comes down to Lease cost, i believe we are allowed a maximum of £340 per month. which can be hard to find descent cars.
I did ask initially if a Volvo C30 was in range (£19k) or the civic (19k) the Civic was but the Volvo was an additional £50 per month.
To put this into context a few years ago, lots of people in the company bought Chrysler Neons (why i will not know) because they came with everything for £16k
Due to risiduals this cost the company in excess of £400 per month, where as a porshe boxter (35k) at the time came in at £420.
Estimated tax costs per month to me are
Golf £86 approx + Fuel (320 miles per week)
Leon £78 approx + Fuel (320 miles per week)
Civic £65 approx + Fuel (320 miles per week)
Also i asked this morning about the Steering. Yes they all can do it but will only do it FOC if you are a regular customer. Im not entirely sure this is the official stance but my local dealer is the Cheshunt Motor company and said try to get the lease comany to get the steering weighted before you take delivery, but if not we can do it for you.
I would also like to add, that due to the incompetence of the Inland Revenue who forgot to tax me for my first company car, im paying an additional £50 per month tax on a car i haven't had for 3 years.