Business Leasing Explained

Business car leasing is the perfect option if you’re struggling to afford a car upfront for work purposes. Having a nice car which you can drive without any financial worries, is always a plus point for those either commuting or promoting their business, in order to keep up the appearance of the company. Leasing a business car is simple and easily available, even with bad credit. Business leasing options include:

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Contract Hire

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This is an option that is similar to PCH (Personal Contract Hire) and allows you to pay fixed amounts each month over a certain period of time, which makes everything that whole lot easier. Once you’ve paid your last payment, you return the car to the company and it’s as simple as that.

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Finance Lease

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If you’re a VAT-registered company, then this is the ideal option, as it gives companies the chance to handle the administration of their vehicles and have the asset shown on their balance sheet. Fixed monthly costs are included, but flexible contracts are available with ownership at the end of the contract.

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Contract Purchase

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Fancy eventually owning a high-end car? A contract purchase gives you the opportunity and choice to eventually own the car you’ve been leasing. The biggest perk of this option is that depreciation is not a risk if you choose to hand the car back.

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Lease Purchase

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With a lease purchase, you still stick to paying the fixed amounts monthly, but you also get to own the car at the end of the contract. A Balloon Payment is required towards the end of the contract.

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Best Car Leasing Deals

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Nissan Micra Hatchback Visia 5dr

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If you’re looking for the perfect casual business lease car