If you were to take a brief glance at some of the information provided by The Society of Motoring Manufacturers and Traders (SMMT), you might be surprised at what you see. Since the start of 2010 private registrations have declined considerably, registrations for fleet and business vehicles have risen though. This could be attributed to the current financial climate in the UK; there are other reasons of course. For some businesses it’s simply more beneficial to invest in Company Car Leasing.
There are many advantages that a business will experience when taking part in Company Car Leasing. One important aspect that can affect a business is that leasing allows them to maintain an up-to-date, prestigious fleet of modern vehicles. Not only is this professional and projects a positive image of the company, it’s also useful for staff to have access to modern cars. Travelling long distances for meetings and motorway travel is easy with a leased vehicle.
Leasing is an extremely cost effective term for companies to be a part of, paying monthly payments as opposed to a large lump sum payment is much easier to budget for. Another benefit for companies when leasing a vehicle occurs after the contract has ended. Depreciation and the vehicle’s future value will not be the companies concern. The leasing company takes the car and deals with the selling on etc.
Obviously Company Car Leasing is immensely beneficial and a really valuable scheme to implement. If you’re interested in how you or your company can use leasing to your advantage then why not perform some research of your own? Find out if it’s the right option and discover some amazing deals.
Information provided by Balgores.co.uk – one of the most successful independent leasing companies. Balgores.co.uk also specialise in various finance packages such as; Contract Hire, Lease Purchase, Contract Purchase and Hire Purchase.