Should I buy or lease and where do I get the best deals?
Wondering if you should buy or lease?
By choosing to lease rather than purchase – You Release Cash-Flow to grow your business, and you will not own a heavily depreciating asset, therefore no disposal risk at the end of the contract to worry about.
You will always have a new vehicle, under warranty, projecting your high professional business status with your clients, and with Your green credential in mind You will be kinder to the environment by using new and more 'eco friendly' vehicles that have lower CO2 levels, and no MOT worries!
The rentals can have maintenance included if required, and normally will include the road fund licence for the full term of the agreement, which means that you can run your vehicles on a fixed cost motoring package, only needing to consider fuel and insurance, therefore simplifying your fleet costs considerably.
Rentals are based on the ex vat price of the vehicle, and 50% of the Vat on the rentals is reclaimable on cars and 100% on commercials, other tax benefits are also available, speak to your accountant about the tax efficiency of Contract hire for your business.
Speaking to an independent broker will give you access to a "one stop shop".
Of quotations, for any make or model of car or commercial at excellent prices, and friendly intelligent advice.
Planet Leasing "A World of choice, Without costing the earth"