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 [...]
A balloon payment at the end of the contract period is a feature of finance lease. It gives you the chance to vary your monthly payments and possibly make money when the car is sold IF you're a small business looking at different ways to fund your firm's company cars, then there can be a confusing number [...]
A balloon payment at the end of the contract period is a feature of finance lease. It gives you the chance to vary your monthly payments and possibly make money when the car is sold IF you're a small business looking at different ways to fund your firm's company cars, then there can be a confusing number [...]
VIRGIN Media has recently moved its entire fleet from finance lease to contract hire. Why would it do that? What are the advantages of contract hire for an SME business? Or is it just best for larger companies with bigger fleets? Business Car Manager editor, Ralph Morton, files this special report.
By Ralph Morton, editor, Business Car Manager
WHAT is a finance lease? Would it suit your SME business? Is a finance lease only for van operators or would it benefit an SME fleet too? Editor Ralph Morton files this special report on the benefits - and drawbacks - of finance lease and your business vehicles.
Finance lease: business flexibility for cars and vans WELL, now you've come to ask, it's a way of acquiring a business car or business van. You do this by paying a monthly amount that either pays off the cost of the asset or is followed by a final one off payment. Financial types often call this final payment [...]
IF you're a small business looking at different ways to fund your firm's company cars, then there can be a confusing number of different leases about. What are they? How do they work? Let's take a look at finance lease - this is quite different from a contract hire lease (often called a business car lease). With a contract hire [...]
