Business Car Finance | Business Car Leasing Explained | Business Motoring

All the latest articles about business car finance – from finance lease and contract hire considerations to manufacturer specific service packages for SMEs.

How AVC can find the flexible funding for your business motoring

How AVC can find the flexible funding for your business motoring

By Nick Sharpe|2018-08-29T11:51:58+01:00August 22nd, 2018|Business Car Finance | Business Car Leasing Explained, Contract Hire, Contract hire and leasing, Personal contract purchase|

Need to customise your leasing offer? Want a personal lease or personal contract purchase without any hassle? Would you like to be able to customise your quotes online? Did you know that flexible funding methods including no deposit leasing are available (subject to status)? BUSINESS circumstances change just as personal ones do, so finding the right car finance that suits [...]

What exactly is a PCP (Personal Contract Purchase)?

What exactly is a PCP (Personal Contract Purchase)?

By Glynn Williams|2017-11-20T12:35:51+00:00July 7th, 2017|Business Car Finance | Business Car Leasing Explained, Personal contract purchase|

PCP (Personal Contract Purchase) in brief Variation of a Hire Purchase agreement Regular monthly payments towards the purchase of a new vehicle are a benefit As are lower monthly payments and greater flexibility Protection from falls in car values THAT tetchy subject of car finance has been back in the spotlight recently. You’ve probably seen it in the media, spelling [...]

64% of motorists are left baffled by car leasing jargon

64% of motorists are left baffled by car leasing jargon

By Glynn Williams|2017-11-20T12:35:07+00:00January 25th, 2017|Business Car Finance | Business Car Leasing Explained, Car news and reviews, News|

We’ve busted the car leasing jargon Here’s our A-Z of most commonly used terms Click here If you’re baffled by car leasing jargon, you’re not alone! PCH; PCP; HP – help! Do you know what this all means? 64% of respondents felt that car leasing jargon or abbreviations created a barrier to communication and only 10% could adequately describe [...]

Personal contract purchase helps turn Mercedes into a capital asset for Michele Berti

Personal contract purchase helps turn Mercedes into a capital asset for Michele Berti

By Glynn Williams|2017-11-20T12:35:05+00:00January 18th, 2017|Business Car Finance | Business Car Leasing Explained, Personal contract purchase|

PERSONAL contract purchase was the answer for cabbie Michele Berti, who was looking to finance a new vehicle for his business. Often simply referred to as PCP, it allows you to pay low monthly rentals initially with a range of final options that include paying a final balloon to paying the vehicle. It’s particularly useful for self-employed non-VAT registered small [...]

SME owners in the dark about advantages of car and van leasing

SME owners in the dark about advantages of car and van leasing

By Glynn Williams|2017-11-20T12:34:48+00:00November 4th, 2016|Business Car Finance | Business Car Leasing Explained, Car news and reviews, News|

SMALL businesses and SME owners spend much of their time at full tilt running their businesses, juggling a variety of different tasks. But an alarming number are in the dark on the advantages of vehicle leasing - and how it could make their lives a little easier. For example, nearly one-third of SME directors believe that their business setup is not [...]

How should you finance your car fleet?

How should you finance your car fleet?

By Glynn Williams|2017-11-20T12:34:24+00:00July 28th, 2016|Business Car Finance | Business Car Leasing Explained, Car news and reviews, Guest blog, Industry articles, News|

FOR many businesses whether large, medium or small, having a car for staff is essential. They are needed for long journeys to attend conferences, meetings, workshops, events and are great for carrying a group of employees together. But how should you finance your car fleet? Company cars are brilliant for branding as you can have them wrapped with your logo and brand, but if you [...]

Manufacturers miss out on broker growth through poor communications and account management

Manufacturers miss out on broker growth through poor communications and account management

By Glynn Williams|2017-11-20T12:34:20+00:00July 19th, 2016|Business Car Finance | Business Car Leasing Explained, Car news and reviews, News|

LEASING brokers feel that motor manufacturers miss out on broker growth through not delivering proper account management and communications which is hampering potential growth in the sector, according to a new survey from the Leasing Broker Federation. The Leasing Broker Attitude Survey, conducted by the independent membership organisation that supports and promotes leasing brokers across the UK, shows that while [...]

Survey shows brokers expect leasing demand to grow

Survey shows brokers expect leasing demand to grow

By Glynn Williams|2017-11-20T12:34:19+00:00July 18th, 2016|Business Car Finance | Business Car Leasing Explained, Car news and reviews, News|

THE first ever survey of vehicle leasing brokers suggests good times ahead for the sector with 87% of brokers reporting a buoyant market with demand for car leases or other financial products on the up as SMEs, corporates and private buyers take advantage of low car lease rates. Conducted by the Leasing Broker Federation, an independent membership organisation that supports [...]

What are the capital allowances for company cars?

What are the capital allowances for company cars?

By Ralph Morton|2017-07-19T15:39:24+01:00April 5th, 2016|Business Car Finance | Business Car Leasing Explained|

Future capital allowances from April 2018 The government will extend the 100% First Year Allowance (FYA) for businesses purchasing low emission cars for a further three years to April 2021. It will also change the qualifying criteria to the following: up to 50 g/km - 100% first year allowance 51g/km-110g/km - 18% capital allowances 111g/km or more - 8% capital [...]

How does a PCP (Personal Contract Purchase) work?

How does a PCP (Personal Contract Purchase) work?

By Ralph Morton|2017-11-20T12:08:45+00:00March 31st, 2016|Business Car Finance | Business Car Leasing Explained, Personal contract purchase|

WE have Ford Motor Company to thank for inventing the Personal Contract Purchase (PCP) plan. Back in 1992 Ford came up with its innovative 'Options'. Ford's Options scheme gave customers the opportunity of driving a new car every two or three years. Since then around 700,000 car buyers have chosen Ford Options – and the scheme has become widely copied. [...]

Buying a car on lease purchase

Buying a car on lease purchase

By Ralph Morton|2017-11-20T12:33:39+00:00March 30th, 2016|Business Car Finance | Business Car Leasing Explained, Lease purchase|

The lease purchase car buying low down Like hire purchase but with lower monthly payments followed by a larger final payment This larger final payment is usually called a balloon payment Lease purchase is a useful way to purchase more expensive or premium vehicles in a structured manner As there’s no VAT on the monthly instalments, it’s useful for non-VAT [...]

Hire purchase remains “flexible friend” for small businesses

Hire purchase remains “flexible friend” for small businesses

By Ralph Morton|2017-11-20T12:08:41+00:00March 29th, 2016|Business Car Finance | Business Car Leasing Explained, Business Car Hire Purchase|

FINANCING your company car through a hire purchase agreement has always been popular with small businesses. Ralph Morton, explains why.

Tesla’s tantalising PCP pricing for high performing Tesla Model S

Tesla’s tantalising PCP pricing for high performing Tesla Model S

By Glynn Williams|2017-11-20T12:33:11+00:00February 3rd, 2016|Business Car Finance | Business Car Leasing Explained|

PCP package highlights for Tesla Model S Car performance 0-60mph in 2.8sec Range up to 330 miles on full charge Free recharging at Supercharger network,with 20-minute half charge PCP purchase option from £404 per month with £13,070 deposit Equivalent to about £296 per month with fuel and road tax savings against conventional internal combustion engine car TESLA is launching a [...]

BMW makes motor finance simpler

BMW makes motor finance simpler

By Glynn Williams|2017-11-20T12:30:22+00:00June 9th, 2015|Business Car Finance | Business Car Leasing Explained|

BMW Group Financial Services wants to make the complex world of motor finance more transparent and less convoluted. It comes at a time when the UK car market is celebrating over three consecutive years of growth and the nation is funding these car purchases in the main through motor finance. BMW Group Financial Services has now set out details of [...]

Using finance lease for your company cars

Using finance lease for your company cars

By Glynn Williams|2017-11-20T12:30:18+00:00June 4th, 2015|Business Car Finance | Business Car Leasing Explained, Contract hire and leasing, Finance Lease|

WITH company car registrations still on the increase more and more UK businesses are taking a closer look at the best way to finance these expensive acquisitions. And in a lot of cases they are opting for finance lease as the best way forward. It’s now seen as a sensible compromise between owning your company car and outright business car [...]

What’s the difference between the accounting of and the taxation of company cars?

What’s the difference between the accounting of and the taxation of company cars?

By Ralph Morton|2017-07-19T15:33:30+01:00February 12th, 2015|Business Car Finance | Business Car Leasing Explained|

Struggling to make sense of the accounting of company cars and the taxation of company cars? Let Colin Tourick put you straight I'M confused by the accounting and taxation methods of the cars we own. Are the terms interchangeable? I could do with some help. Colin Tourick - a taxation and business car specialist at Colin Tourick Associates [...]

What are the capital allowances on company cars?

What are the capital allowances on company cars?

By Glynn Williams|2017-11-20T12:27:10+00:00December 3rd, 2014|Business Car Finance | Business Car Leasing Explained|

There are still savings to be made but you will need to do your research more than ever SUCCESSIVE governments have been encouraging companies to run greener cars by giving larger tax breaks for cleaner models. But the rules on capital allowances are tightening up in a bid to make the UK ever more pollution free. Now businesses [...]

Enhanced Capital Allowances: What are they for green cars?

Enhanced Capital Allowances: What are they for green cars?

By Martyn|2017-11-20T12:26:25+00:00October 6th, 2014|Business Car Finance | Business Car Leasing Explained|

Mitsubishi Outlander PHEV is one of a number of hybrid cars that have a 100% first year allowance WHAT are the Enhanced Captial Allowances for green cars? Well, a cars' Eligibility for Enhanced Capital Allowances (ECA) is based on its CO2 emissions. So, for example, a car emitting 130g/km qualifies for the standard allowance - called a‘writing down allowance’ - [...]

Vehicle Savers expand operation with new premises and website

Vehicle Savers expand operation with new premises and website

By Martyn|2017-11-20T12:26:21+00:00September 29th, 2014|Business Car Finance | Business Car Leasing Explained, Car leasing plans and prices|

Vehicle Savers new office in Huntingdon POST-RECESSION, many small businesses and SME companies have been turning to leasing to fix their motoring costs. Contract hire, a form of financing company cars by leasing them over a set period and mileage, is more popular than ever. One small fleet leasing company that has not only weathered the storm but [...]

Buying popular for small fleet operators

Buying popular for small fleet operators

By Martyn|2017-11-20T12:26:11+00:00September 17th, 2014|Business Car Finance | Business Car Leasing Explained, Car news and reviews, News|

Mike Waters, senior insight and consultancy manager at Arval UK SME fleet operators are atill buying instead of leasing their company vehicles and could be making a huge mistake. That’s the conclusion drawn after new research by the Corporate Vehicle Observatory (CVO) Barometer by contract hire and leasing provider Arval which claims small businesses are exposing themselves to unnecessary [...]