Latest Leasing News

Fleet electrification starting to prompt switch to leasing for SMEs

Leasing circumvents the problems of upfront costs and provides regular payments over a period of time, plus it also removes any residual value worry. This is an issue because some SMEs perceive that current EVs will be superseded by better models in the medium term. Also, there is a general degree of worry about the shape of the economy and leasing means that businesses can keep more money in the bank for a longer period of time, providing a higher degree of liquidity if problems do arise

By |May 17th, 2022|

Total Motion launches all-inclusive fleet management solution

From just £10 a month, Fleetiful guarantees one point of contact and one monthly invoice for all fleet spend, and the format makes it more competitive than using multiple suppliers or brokers, as well as making a business easier to run. It is also more cost effective than a business buying or creating its own software, setting its own fuel supply / card deal, having multiple administrative and support suppliers, and setting up and managing its own telematics deals.

By |March 30th, 2022|

Cars can depreciate £4.6k a year from mileage alone

Mileage gives a good indication of a car’s mechanical wellbeing. The more miles it’s done the more likely it’ll need parts replacing/updating. With this in mind, LeaseLoco decided to take a deep dive into mileage and see just how much it affects car prices in today’s market.

By |January 27th, 2022|

Guiding customers and brokers through the EV journey

New website, which is built by a new initiative – lythium Limited - is aiming to bring about more automation for pricing, information and ultimately introduce customers to an upcoming “lythium Journey”. All of the digital aspects have been created by one of the UK’s leading web development, design and digital marketing company – morphsites.

By |January 21st, 2022|

New digital investment aims to benefit fleets

ViSN provides a single platform to manage fleet operations for fleet companies of all sizes. Designed using the latest cloud technology, it provides a more efficient experience than is currently available in the market. Users benefit from real-time management information and a single platform that connects the driver, in-life services, EV charging and payment integration, driver services and customer communication. In addition, it drives efficiency by enabling customers to self-serve everything from repairs to driver compliance.

By |January 18th, 2022|

Now is the time to power on to electric

Companies and fleet managers today understand the importance of building true environmental sustainability into their business. Not only is this becoming a key differentiator to attract potential new employees, but it is also vital to help businesses achieve net zero targets. However, implementing sustainable practices can often feel like a daunting task, with many not knowing where to begin. 

By |December 7th, 2021|

Why leasing is the perfect solution to the ‘want it now’ culture

As the desire for quick change and fast purchasing grows, consumers are looking for more ways to get what they want, when they want it. However, the leasing process and wait time can be a lot quicker and smoother than that of buying a new car, something that’s particularly of benefit to emergency services, NHS, and social care workers.

By |November 8th, 2021|

Energy companies launch EV leasing scheme

The scheme, called Electric Dreams, is the first to be offered by a co-operative in the UK. Businesses are able to lease an EV for their employees, who then sacrifice a portion of their salary for the vehicle, with no upfront costs. The deduction covers the monthly cost of a brand new electric car, as well as insurance, servicing, maintenance, repairs, MOT, tax, tyres and road assistance, over an agreed term and mileage.

By |October 13th, 2021|

10 ways to boost your credit score for car leasing 

When a financing company considers a lease application, they look for indicators that you’re a reliable borrower, such as your income and credit score. The better your credit, the less risk you pose – improving your chances of being accepted. In some instances, you can lease with a bad credit score, but you will have limited options, and may not be eligible for certain deals.

By |September 16th, 2021|

Is flexible leasing the key to EV take-up?

Flexibility to lease an electric car for as little as a month could convince drivers that this is the future of car ownership and access to vehicles, to suit rapidly changing lifestyles alongside both domestic and work scenarios. Sales of electric cars are predicted to continue to grow as the Government’s 2030 ban on the sale of new petrol and diesel cars approaches

By |May 17th, 2021|

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