Business car leasing is a really convenient way for companies to ensure economical values and safety precautions are kept in check over time.
With a business car lease, financial forecasts are clearer and more consistent as the monthly costs of a lease deal mean large chunks of cash are not being lost to the outright ownership of a vehicle.
Instead, business leasing allows you, and your staff depending on business size, to enjoy the evolving safety and style standards that come with your lease renewals, without any impending depreciation or replacement costs.
So, in this article, we will discuss the advantages of business car leasing.
Business Car Leasing Means You Can Reinvest
Leasing cars through your business contributes to company costs. As part of your annual VAT declaration, you can claim back on some of this cost. Therefore, business leasing deals tend to be cheaper for the sheer fact that you can claim half of VAT back on your monthly fees and any maintenance agreements you agree to. Ultimately, with that VAT claim, you can reinvest into the company, so car leasing poses an all-round financial incentive!
Car Leasing Presents Financial Certainty
With leasing, you know exactly what is going to be spent each month for a period of time. This is preferential to the loss of greater chunks of cash for outright purchases which depletes your funds momentarily.
When it comes to business car leasing, car depreciation does affect the overall price, but nowhere near as drastically. It’s a small inconvenience for the advantages that leasing otherwise presents.
Through utilising business car lease offers, you can retain an affordable, high-standard vehicle (or company fleet) without the need of freeing up cash, which can come with a premium if money is tight.
Budgets are far easier to formulate and track, and once the contract is complete, then it’s out with the old and in with the new car. No hassle, no urgent need to sell the vehicle. They are simply taken out your hands, and if you wish, replaced with more advanced models.
Electric Cars Exempt From Company Car Tax From April 2020
British roads are populated by company car drivers. These drivers are presented with an opportunity; the Benefit-In-Kind scheme, which provides car tax relief in the 20/21 financial year for companies with a fleet entirely constructed of EV vehicles. With the goal of Net-Zero Emissions by 2050, an influential place to target is the employers who supply company cars.
The Treasury’s decision to disregard company car tax in exchange for a fleet of company electric vehicles is an effective motivation for reaching the goal sooner. Electric cars are not cheap, but business leasing owes so many advantages, so there couldn’t be a better time to score an EV company fleet.
Business Car Leasing Offers And Discounts
As well as the VAT element, business car leasing offers are everywhere (especially
here). In addition, car lease companies are often inclined to offer incentives when they know that they will be selling a number of lease contracts to one business over a period of time, so this is worth keeping in mind.
Cars2buy is a fantastic site for filtering your perfect business car lease deal; we deliver the best business car lease deals that suit your preferences and put you in direct contact with the vendor. Our site accentuates the ease of car leasing for business, making your search both simple and convenient.
Safety First, Style Not Far Behind
Keep yourself (and your staff) behind the wheel of a vehicle that hosts the latest safety functions and style gadgets in the industry. With safety, efficiency and low-emission on their side, tax, petrol and insurance costs are comparatively reduced for brand new cars. Furthermore, this gives you access to a three-year warranty, which you don’t get with an older car.
Meanwhile, EVs are becoming ever more affordable with such steep competition, and they are presented as a vital player in the fight against the environmental crisis. Because of this, EVs, and even plug-in hybrids, are emblematic of environmental awareness, thus, earning your brand a positive reputation.
With a new car, you gain the reliability, robustness and economic value that is a prerequisite when your job takes you on the road for more hours in the week than you wish to count. Turn up to meetings and events in style and as fresh as the moment you started the drive by means of the finest comfort (and safety) functions available in the market.
Is A Business Lease Vehicle Right For You?
With such a plethora of benefits stemming from cost, comfort and convenience generated from business car leasing, it is impossible to see any downsides! To get the most out of a business car lease deal, it is worth discussing the financial viability with your accountant so that you get the most from the process.
In the meantime, all you need to consider is the right car for your business! Are you a perpetual motorway jockey or more of a city slicker? Well, cars2buy has every possible motor to satisfy your needs when it comes to a business car lease deal. Click
here
to see the best offers for business car leases.