All joking aside though, what does "having the loan of a car" actually mean, in practical terms?
Who paid for the insurance?
Who paid the motor tax?
Who paid for servicing?
Who paid for the NCT (it being >4 years old)?
Or was it even the same car for the five years? Did he get a new one every year?
And what's the value of all that in Benefit In Kind?
And did he pay tax on that? (I'm assuming the James Gogarty response here!)