Work out how much you want to spend before you start the process.
SO, you’ve made your mind up that your next company car will be leased on contract hire – but where do you go from here?
Well below is our step by step guide for getting a business car lease, right from the start, through to the end of the lease contract.
Choose your vehicle and deal
It helps if you’ve got an idea of what business car you want and a monthly budget for your business car lease (expressed as a net figure – the VAT goes on top).
If you have, hit a selection of the small fleet leasing specialist sites on the net and search for your chosen set of wheels and the best deal – the best on the market are listed in our Small Fleet Leasing Awards section.
Still no idea about your car, no problem! Many of the major small fleet leasing specialists – often referred to as leasing brokers – have search systems allowing you to select by budget, manufacturer or bodystyle to find your perfect business car.
Make sure you take account of the term and mileage of any business car lease, as it will affect your monthly lease figure. Mileage in particular needs to be considered carefully before taking out any lease, as any excess will cost you at the end of your contract. By the same token, you don’t want to pay for mileage you’re not going to use.
If in doubt, talk to the small fleet leasing specialist. Many allow you to adjust your mileage mid-contract when it becomes obvious you may either overshoot or undershoot your contracted mileage.
Most business car leasing specialists express their contracts as 36 months with 10,000 miles a year.
19May
Northgate are in it for the long haul
WHEN it comes to long term rental, Northgate offers a comprehensive range of support packages for SMEs, with a wide range of fleet solutions to meet the diverse needs of
18May
ChargedEV – helping SMEs on their electrification journey
CHARGEDEV specialises in the supply and installation of Electric Vehicle charging equipment across the UK and having installed over 23,000 domestic and workplace EV chargers to date, it has become
17May
R2C – digitising the fleet management process
R2C Lite has been created to eliminate labour-intensive administration processes, aid compliance and increase business productivity for SME fleets running HGVs, vans, trucks, trailers and more, many of which will
17May
Northgate’s mobility solutions keeping you on the road
NORTHGATE Vehicle Hire's additional mobility solutions options and support packages can be built into its existing rental contracts, cutting down the need for multiple supplier agreements to be signed and
09May
BMW – looking after fleets large and small
WHETHER you are a sole trader looking for a car that works for your business or you manage a fleet of fewer than 50 company cars, the BMW Business Partnership
04May
BMW i4 – makes a lot of sense for the company car driver
THE new BMW i4 is the German premium brand's first ever all-electric Gran Coupé and it's a very interesting proposition for company car drivers with a 2% BIK rate for
03May
Innovation drives Wilson Auctions’ success
AS one of the first in the industry to introduce MVR (Motor Vehicle Repair Workshops) on its various auction sites nationwide, Wilson Auctions was highly commended in this year's Business
28Apr
Tax efficiency – BMW’s X1 PHEV, a Business Motoring winner
BMW's X1 xDrive 25e is a Business Motoring winner, picking up the Best Small SUV gong at this year's awards. It features a 1.5-litre three-cylinder petrol engine and electric motor
27Apr
BMW X5e – makes real sense to drivers and fleet managers
THE BMW X5 xDrive 45e offers user-choosers a large SUV which delivers low running costs and associated tax bills. Thanks to CO2 emissions of 27-31g/km, the X5 falls into the
27Apr
Van Monster Remarketing – tops for Business Motoring Awards
EXCEPTIONAL levels of customer service are at the heart of the Van Monster Remarketing proposition. The personal nature of the service provided by its Remarketing account managers has enabled to grow
25Apr
BMW iX electrifies the Business Motoring Award judges
THE BMW iX will add electric performance to any forward-thinking fleet manager, as well as a spacious, lounge-like interior to keep drivers focussed on the road ahead, with a range
22Apr
BMW iX3 brings electricity into the mainstream
Following the i3 and i8, the BMW iX3 is the brand's first electric SUV and the winner of this Year's Business Motoring Awards Best Medium SUV category. And the electric
19Apr
Executive express – BMW530e offers savings for company car drivers
THE BMW 5 Series Saloon is the epitome of a sporty business saloon and The 530e plug-in hybrid models combine performance and frugality to create an optimised executive car. With
13Apr
KeyFleet Partner Programme – Best Company Car Programme winner
WITH electric vehicles on the rise and with many government initiatives and support of the EV revolution, KeyFleet has become an ambassador for EVs.All employees are trained in Whole Life
13Apr
Keeping up with the times – Europcar, Business Motoring Award winner
MULTI-MODEL mobility is becoming increasingly important for SMEs, particularly in the short-term rental arena and the EuropcarOne mobility platform provides seamless access to a full range of solutions, from daily
12Apr
SOGO – Business Motoring Best Mobility Provider Winner
SHORT-TERM leasing is essential to the mass adoption of electric vehicles before 2030 when sales of all new cars and vans powered wholly by petrol and diesel will be banned.
11Apr
Flexibility is key – Europcar, Best Long Term Rental
FROM COVID-19 and semi-conductor shortages impacting on vehicle supply to rising inflation and uncertain trading conditions, the past 12 months have not been easy for any business. But they have
08Apr
Size doesn’t matter to Best Leasing Company winner JCT600 VLS
GIVING customers access to the same industry-leading solutions, service and technology, no matter what their size, is at the heart of the business at JCT600 Vehicle Leasing Solutions (VLS), winner
07Apr
Smart charger – Ohme a Business Motoring Award winner
ELECTRIC Vehicles are what everyone is talking about, as is the infrastructure required to make them a viable proposition. Helping to build this infrastructure is Ohme, a smart charging hardware
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