COVID-19 Update: We are OPEN for business but our showroom is closed due to government protocols around Covid-19. Our account managers are working via phone, email, live chat and are conducting deliveries and handovers with strict social distancing in place and all cars are fully sanitised Find Out More
 

Business Leasing Explained

Date Posted 21st October 2016
Read Time 2 min read
Save Article For Later Save Article For Later

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:

rn

Contract Hire

rn

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.

rn

Finance Lease

rn

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.

rn

Contract Purchase

rn

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.

rn

Lease Purchase

rn

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.

rn

Best Car Leasing Deals

rn

Nissan Micra Hatchback Visia 5dr

rn

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