When you need to update the vehicles for your business, many options are available, depending on what you prefer. You can purchase the vehicles outright if you have the funds available, but if you talk with your company accountants, they will probably recommend you lease them. There are many benefits for a business when they lease vehicles, which is why it is increasing in popularity for many companies. You can see some of the most significant benefits for businesses when they lease their vehicles below, which may push you towards this option for your company when updating your fleet.
Get The Perfect Vehicle For Your Business
When leasing vehicles for your company, you can ensure that you get the ideal ones for your business and in your preferred configuration. You can get the optional extras that will make it much more comfortable for your employees, such as air conditioning, satellite navigation, or digital radio. Whether you prefer a Ford Transit or a VW Transporter Kombi lease, many options are available that can be ideal for your company and help portray an excellent image of your company.
Save Money On Taxes
One of the most significant incentives for many companies to lease their fleet of vehicles is the potential savings they can make in the tax they pay. If your company is VAT registered, you can claim up to 50% of the VAT back on the initial rental agreement and monthly cost, and this can be 100% if the vehicle is not used for personal business. There are also incentives for opting for eco-friendly vehicles; if suitable, electric vehicles can offer massive savings on the tax, you pay. You can click here to get more information on the tax you can save when leasing your company vehicle, showing you that this is a viable option for your business.
A Cheaper Monthly Charge
You will also enjoy a cheaper monthly charge for your vehicle than if you took out a loan to pay for it. You can also take out a monthly service package which means you do not have to worry about the service and maintenance of the vehicles, as this is covered under your small monthly payment. It will ensure that your vehicles are always in excellent condition and safe to be on the roads, and the money you save each month can help your business become more profitable.
Enjoy The Latest Technology
You can also enjoy the latest technology when you lease your vehicles, which can also help create an excellent image for your customers and the general public. When using eco-friendly vehicles, ensure you shout it from the rooftops, so everyone knows your company cares for the environment. Enjoy energy-efficient vehicles that can help reduce your running costs and reduce the pollution and carbon dioxide your company produces.
These are some benefits your business can enjoy when you lease your vehicles. You can find more benefits by clicking here and seeing why your business should consider leasing vehicles instead of buying them.