Whatever the size of your business, leasing one or a whole fleet of vehicles could be the right choice when it comes to improving cash flow, highlighting your company values and promoting your brand by providing access to new vehicles on a regular basis.
If you would like to find out more about how to get a business car lease and the benefits this could bring you, you need to find a leasing partner you can trust, one who will listen to your needs and tailor-make a business car lease to suit your business. A partner who can help you meet your business goals while keeping your employees safe and happy behind the wheel is vital.
Business car leasing, also known as Business Contract Hire (BCH), gives your business access to a fleet of vehicles without the responsibility of owning them outright.
You determine the number and type of vehicles at the outset, as well as agreeing to the length of the lease (usually between 24 and 60 months) and the mileage allowance (often set at 40,000 miles per year, but this can vary depending on your deal). Monthly lease payments are required throughout the term of the lease and then, at the end of the lease, you simply return the vehicles and the keys.
One of the key financial benefits of leasing over buying is that if your vehicle is used for business purposes, your monthly lease payments will be tax deductible if your business is VAT-registered.
Leasing often works out cheaper in the long-run than other financing packages due to the fixed nature of the payments. With leasing, if you keep up your repayments, don’t exceed the stated mileage or damage the vehicle beyond the agreed wear and tear, you won’t be liable for anything else. With road tax and other services such as roadside assistance included, as well as the option to add further maintenance packages at a price that won’t change, the benefits of business car or van leasing are hard to beat.
The knowledge that these costs are fixed upfront is ideal when budgeting for your business as it helps provide peace of mind for financial forecasting.
Another of the benefits of leasing a car for business is the opportunity to access the latest models and technologies that may otherwise be out of reach. Prime among these are cutting-edge environmentally-friendly vehicles such as modern electric cars.
If sustainability is a key part of your business’s brand, can you really afford not to make electric vehicles a priority? Leasing a fleet of hybrid cars or EVs can help bolster your company image and underline your core values to current or prospective customers.
Even if sustainability isn’t a main concern, smart new business vehicles are always essential when it comes to conveying a thriving brand that is a leader in its field. Leasing gives you the flexibility to upgrade your vehicles every couple of years, at the end of your lease period, to ensure your fleet is always in a tiptop condition.
When your business lease reaches full term, simply discuss your next vehicle or vehicles with your customer care consultant. New vehicles will not only do wonders for your corporate image, they will also ensure your employees keep smiling while they’re out on the road.
H2: How to Get Started with a Business Lease at Leasys (B2B Focus)
Whether your business relies on just one or a large fleet of corporate vehicles to transport goods and/or employees from A to B, leasing could be the key to unlocking a smarter and more profitable future.
All you need to do to take the first step is to discuss your business vehicle needs with an expert in leasing and mobility solutions. Leasys is one of the UK’s top multi-brand leasing companies and, as a part of Stellantis, which is the world’s fourth largest car manufacturer (2023), you know that you are in good hands. Leasys award-winning customer consultants can help you build a lease that meets your needs.
Contact us now to find out more about how Leasys can support you and unlock the benefits of a business car lease.
