Car Leasing And Van Leasing In The UK

Car leasing Versus Car Buying

People have very different attitudes toward the many different forms of vehicle finance available.

Here are some reasons why you should consider car leasing compared to buying outright or hire purchase for your business or personal needs.

By choosing leasing compared to buying – You Release Cash-Flow to grow your business, and you will not own a depreciating asset.

You will always have a new vehicle, under warranty subject tou your lease length, projecting your high professional business status with your clients, and with Your green credential in mind You will be kinder to the environment by using new and more 'eco friendly' vehicles that have lower CO2 levels, and no MOT worries! This statement applied to vehicles on a maximum term of 3 years.

The rentals can have maintenance included if required, and normally will include the road fund licence for the full term of the agreement, which means that you can run your vehicles on a fixed cost motoring package, only needing to consider fuel and insurance, therefore simplifying your fleet costs considerably. I would strongly suggest that you only consider a fully maintained lease if you do more than 20,000 miles per annum.

Rentals are based on the ex vat price of the vehicle, and  up to 50% of the Vat on the rentals is reclaimable on cars and 100% on all van leasing, other tax benefits are also available, speak to your accountant about the tax efficiency of Contract hire for your business.

Speaking to an independent leasing company will give you access to a "one stop shop", where they will deal with finding you the vehicle you want and also give the most attractive finance rates.