When you opt to lease a motor vehicle instead of buying one, you automatically gain a huge advantage, the leased vehicle will virtually always be covered by a manufacturers guarantee which signifies that you should not have to foot the bill if anything goes wrong with the vehicle.
Lets face it, the huge down payments demanded by finance firms to obtain a vehicle purchase loan can be devastating to the cash flow of the typical small company, with car leasing, the down payment is small and manageable, this means that your company has left over money which it could spend on the more essential things like selling its services or buying inventory to sell at a profit.
Leasing your company vehicles can even mean that you can drive far more luxurious vehicles than if you were to purchase them outright. This is because when you lease you pay only for the amount lost in devaluation within your lease period, and as a luxurious vehicle looses its value far slower than a cheap budget car, it is normally actually cheaper to drive a top of the range Lexus than it would be to drive a cheaper Toyota or Chrysler. So not only do you pay much less, you also get a much better car for your investment.
Taxation benefits also apply to employees who use their company car allowance to lease instead of simply accepting a company car. This is because a motor vehicle obtained in this method is not liable to benefit in kind taxation as a standard company vehicle would be. Sensible employees who perceive the tax breaks will usually jump at the chance to save money and gain the ability to drive a far superior motor vehicle than they’d otherwise be supplied with at the same time.
A great leasing company is an asset to any company, when you lease a motor vehicle you ought to be given the same choices as you would receive were you actually buying the car. This not solely covers what make and model of vehicle you need, but in addition things like optional extras.
Save money on your car leasing and van leasing deals with Lease4less. Our costs are the cheapest in the UK and we provide repair cover as standard.
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