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The Benefits of Business Leasing

16 January 2017

Any kind of vehicle investment, including leasing, can be costly for a business. Whether you’re looking at leasing a single vehicle or a fleet, you need to be sure that it’s right for your business. You need vehicles, it’s a case of whether you should lease or buy.

Leasing your fleet can be beneficial for a number of reasons; so have a read to decide if leasing for you.

It’s a fixed price vehicle solution

With leasing, you know how much your monthly payments are going to be upfront. There are no massive up-front costs, and if you take out a maintenance package with your lease, you don’t have to plan for things going wrong. Need new tyres? No problem.

Manage depreciation

Vehicles depreciate in value, it’s a fact. Depending on the car you’ve bought, you could end up losing a lot of money when you come to sell. With leasing the depreciation is absorbed into the monthly rental and you don’t have the aggravation of disposal.

It helps with cash flow

Buying a fleet of cars ties up capital which might be better utilised growing your business. something Because you pay for leased vehicles monthly, you can control your cash flow and concentrate on spending money expanding your business rather than shelling out on brand new cars.

Improve your green credentials

Vehicle technology is constantly improving to keep pace with legislation. Leasing on a three year turnaround will help meet your duty of care responsibilities, reduce fuel costs and enhance productivity.

Company car policy

Whether it’s a car or light commercial vehicle, let’s face it, when you staff are pulling up to a client meeting you want them to make the best possible impression. Leasing rentals can be structured around whole life costs, making the allocation of vehicles relevant, fit for purpose and best suited to support your brand image.

Is leasing is for you?

Ultimately the choice as to buy or lease comes down to cost to the business, give us a call and we’ll help you choose the right lease for your business fleet.