Business car leasing or contract hire is a cost effective way for a business to run a fleet of vehicles of any size, from as little as one vehicle. You get the advantages of fixed monthly costs making it easier to budget and off balance sheet funding. By funding your fleet using lease or contract hire arrangements you can replace vehicles at fixed intervals ensuring you always have the most reliable and cost vehicles available.
The main attraction of a business lease is to reduce the whole life cost of any company vehicles, which would not be possible if the vehicles were acquired through a personal lease. Contract Hire is currently ‘off-balance sheet’ which may benefit your company’s accounts.
Leasing is generally accepted to be the most tax-efficient way of running your company vehicles. However, this is not the case for every business, and your Accountant would be able to advise you of the benefits of a business lease based on your circumstances.
Whether you have a fleet of 1 or 100 vehicles we can provide you with a solution that can be tailored for your business. For a free, no obligation comparisons for your own company please provide your details below and a member of our dedicated Leasing team will be in contact with you.
Ready to make the change for your company’s fleet?