Business car leasing articles

What are the benefits of business car leasing?

What are the benefits of business car leasing?

By Chris Wright|2020-05-04T11:47:10+01:00October 28th, 2019|Business contract hire, Car leasing plans and prices, Company car and business car reviews, Contract hire and leasing, News|

Business car leasing removes the need to find the initial capital to fund company cars, as you only pay the fixed monthly figure – so that cost is expected and can be budgeted for.

How to get the best lease deal

How to get the best lease deal

By Chris Wright|2019-04-17T12:49:38+01:00April 11th, 2019|Award Feature, Car leasing made simple, Car leasing plans and prices, Car leasing vs car buying, Car news and reviews, Contract hire and leasing, leasing, Leasing for start ups, News|

Many SMEs are often unsure whether it’ll be more tax efficient to lease the car personally, or through their limited company. Choosing the wrong option could prove costly in terms of someone paying more tax than they need.

Mid-Term rental: take the pressure off upfront costs

Mid-Term rental: take the pressure off upfront costs

By Chris Wright|2019-04-17T12:50:00+01:00April 10th, 2019|Award Feature, Business contract hire, Car leasing made simple, Car leasing plans and prices, Car leasing vs car buying, Car news and reviews, Contract hire and leasing, Leasing for start ups, News|

You might not want to make long term commitments to new vehicles due to the potential impact of political decisions such as higher VED charges and increases to benefit in kind (BIK) taxes.

How small businesses can provide company cars and stay flexible

How small businesses can provide company cars and stay flexible

By Ralph Morton|2017-11-03T16:22:43+00:00November 3rd, 2017|Car leasing plans and prices, Car rental, Mobility|

Smaller businesses rarely have the budget, capacity or need to employ a dedicated fleet manager. Leasing providers can offer a more cost effective option suggests Hitachi

Leasing broker Gateway2Lease improves your car leasing journey

Leasing broker Gateway2Lease improves your car leasing journey

By Glynn Williams|2017-11-20T12:35:31+00:00April 18th, 2017|Car leasing plans and prices|

IF you are after an advanced and responsive journey through your car leasing process, then check out Midlands-based leasing broker Gateway2Lease, a member of the Leasing Broker Federation. Gateway2Lease has implemented an improved version of its bespoke CRM system to provide a more frictionless journey for customers. Which means you can get access to car leasing deals, get your application [...]

Lease costs to rise under new VED rules

Lease costs to rise under new VED rules

By Glynn Williams|2017-11-20T12:35:27+00:00March 30th, 2017|Car leasing plans and prices, Car news and reviews, Company car tax, News, Road tax|

Key points of 2017 road tax changes Average cost of VED set to increase by £134 per year, per car Premium cars over £40k will attract an additional tax Treasury expects change to bring in £3bn extra revenue over 3 years CO2 levels no longer the only factor so businesses will need to explore other cost-saving measures when renewing leases [...]

What tax relief on car leasing is available and what VAT can you claim?

What tax relief on car leasing is available and what VAT can you claim?

By Ralph Morton|2018-03-28T12:23:00+01:00March 28th, 2017|Car leasing allowances, Car leasing plans and prices|

WHEN it comes to funding company cars, more and more SMEs are choosing the leasing route (also known as contract hire), because of the tax relief on car leasing and also the VAT reclamation benefits. Hire purchase (HP) and lease purchase with a balloon payment are not generally recognised as being as VAT efficient as leasing, because the same level [...]

Advice: I’m a sole trader, so what’s the best way for me to run my car on business?

Advice: I’m a sole trader, so what’s the best way for me to run my car on business?

By Ralph Morton|2017-11-20T12:12:30+00:00March 14th, 2017|Car leasing allowances, Car leasing plans and prices|

IF YOU operate your business as a sole trader, then all your sole trader business car motoring expenses can be met by the business, provided all private motoring elements are deducted. That's because the tax position of the sole trader is very different to the limited company. If you are a sole trader, your business only exists as a trading [...]

PCH soaring in popularity

PCH soaring in popularity

By Glynn Williams|2017-11-20T12:34:53+00:00November 21st, 2016|Car leasing plans and prices, Car news and reviews, News, Personal contract hire|

The figures showing PCH popularity Market trend cars +11% 39% of new contracts are contract hire. Contract hire represents 50% of cars on fleet. PCH has continued to grow. 41% of new contracts in H1 2016 were PCH. PCH represents 43% of cars on fleet. PCH volumes exceed those of contract hire. Rapid market growth means contract hire and finance lease volumes are [...]

Six business cars to keep down your fuel and BIK bills

Six business cars to keep down your fuel and BIK bills

By Glynn Williams|2017-11-20T12:34:24+00:00July 27th, 2016|Car leasing plans and prices, Car news and reviews, News|

WITH fuel prices riding high, having been accelerated by the weakening price of sterling against the dollar, the universal currency for oil, businesses will need to rein in their company car running costs, according to Staffordshire-based fleet management and leasing specialists CBVC which recommends six business cars to save you money. Many industry bodies have already started to warn that [...]

Toyota launches My Finance service

Toyota launches My Finance service

By Glynn Williams|2017-11-20T12:34:19+00:00July 15th, 2016|Car leasing plans and prices, Car news and reviews|

HERE’S something a bit new: Toyota has launched an on online portal called My Finance. It allows customers who have an agreement with Toyota Financial Services to keep track of their finance agreements. The new My Finance service is available via My Toyota, the firm’s “self-service” online portal. My Finance allows Toyota Financial Services customer to view their finance agreement, [...]

Concept 5 Star Guarantee backs customer service pledge

Concept 5 Star Guarantee backs customer service pledge

By Glynn Williams|2017-11-20T12:34:18+00:00July 14th, 2016|Car leasing plans and prices, Car news and reviews, News|

Concept Vehicle Leasing highlights Small Fleet Leasing Awards 2015 - Best small fleet leasing company 250-1,00 vehicles Sponsorship of Team GB hockey athlete Georgie Twigg selected for Rio Olympics 2016 SURREY-based Concept Vehicle Leasing has launched a Concept 5 Star Guarantee of customer satisfaction to stand out in the booming lease sector amid increasing competition. The contract hire and leasing sector appears [...]

Millennials rising in leasing demand

Millennials rising in leasing demand

By Glynn Williams|2017-11-20T12:34:19+00:00July 14th, 2016|Car leasing plans and prices, Car news and reviews|

The Millennial generation: Millennial age is around 18-34, born mid 1980s-on to be growing up through the Millennium year 2000 Millennials' car leasing enquiries surged in 2015 Millennials make up more than a third of leasing enquiries to Vanarama Cars MILLENNIALS rising in leasing demand is a new trend revealed in research from Vanarama Cars - and that applies to cars [...]

How to challenge end-of-lease charges – and win

How to challenge end-of-lease charges – and win

By Glynn Williams|2017-11-20T12:33:38+00:00March 28th, 2016|Car leasing plans and prices|

SOMETIMES it seems like a lose-lose situation. You return a hard-worked lease car with a few little scrapes and dents and expect some financial penalty. But what if the hire company levies more than you expect for end-of-lease charges? There can be a remedy. The Financial Ombudsman has released this case study. When Mr V reached the end of the finance [...]

How small businesses can provide company cars and stay flexible

By Ralph Morton|2017-11-20T12:33:14+00:00February 3rd, 2016|Car leasing plans and prices, Car rental|

Smaller businesses rarely have the budget, capacity or need to employ a dedicated fleet manager. Leasing providers can offer a more cost effective option suggests Hitachi

Big Peugeot Boxer attractive for business at under £10 a day

Big Peugeot Boxer attractive for business at under £10 a day

By Glynn Williams|2017-11-20T12:33:11+00:00February 1st, 2016|Car leasing plans and prices|

NEED something bigger than an estate car? Freshly revised in 2014, the Peugeot Boxer is a serious large panel van contender for rivals such as the Ford Transit and Mercedes Sprinter. What makes the Boxer even more attractive when compared to Ford and Mercedes rivals, is that the big Peugeot in Professional trim is available from a very attractive £165 [...]

New lease accounting rules for business car leases

New lease accounting rules for business car leases

By Glynn Williams|2020-02-20T16:14:54+00:00January 15th, 2016|Car leasing plans and prices|

Should I stop leasing? Hey, no! It’s an accounting rule change that won’t affect the majority of UK companies. The benefits of business car leasing continue: Budgeted monthly expenditure for cars Access to vehicles at low monthly rates Use it but don’t own it – so no worries about selling the car later Reclaim 50% of the VAT on the [...]

Alphabet’s changing the professional face of broker sector

Alphabet’s changing the professional face of broker sector

By Glynn Williams|2017-11-20T12:32:22+00:00November 17th, 2015|Car leasing plans and prices|

Alphabet's head of indirect sales Gavin Davies explains how, in the new era of the Financial Conduct Authority (FCA), challenging the traditional concept of 'bedroom brokers' with a new strata of professionals working in a network as in Alphabet Partner is winning appreciation from brokers and customers alike. ALPHABET'S broker network is celebrating its first anniversary and its strategy to work only with established broker [...]

How a salary sacrifice scheme worked for Sarah Mills

How a salary sacrifice scheme worked for Sarah Mills

By Glynn Williams|2017-11-20T12:32:26+00:00November 16th, 2015|Car leasing plans and prices|

Salary sacrifice explained For more details take a look at: Please explain sacrifice to me The hidden employer benefits of salary sacrifice cars LEASEPLAN UK has launched a new salary sacrifice car scheme for Danone employees and already 82% of the 1,000 working there have shown an interest since the scheme was launched in September. Heading the takeup as first beneficiary [...]

Arval insured fleet clients cushioned against premium tax rise

Arval insured fleet clients cushioned against premium tax rise

By Glynn Williams|2017-11-20T12:31:45+00:00October 2nd, 2015|Car leasing plans and prices|

ARVAL, with sister company Greenval Insurance, has announced that it will be absorbing the November 2015 increase in Insurance Premium Tax (IPT) on its motor insurance products for customers such as its Arval insured fleet lease clients. This means that new or existing customers ordering an insured vehicle from Arval before 1st November will not incur the 3.5% Government-imposed increase in their [...]