In recent years private registrations have dropped steadily, less individuals and businesses are purchasing their vehicles outright nowadays. The financial climate of the UK at the moment is not actually the only reason for this, another factor that this can be attributed to is how valuable Company Car Leasing is to a business. Many companies decide that it’ll be much more beneficial for them to invest in Company Car Leasing rather than buy vehicles for their staff.
It’s not hard to see why this can be more profitable for a business but it’s still important to understand all of the other advantages that come with leasing. In essence a leased car is being rented, the car is still owned by the leasing company and monthly payments are made to drive it. This may seem complicated but it can actually be more cost-effective than making a lump payment to purchase a vehicle
One aspect of leasing that means a lot to professional businesses is concerning the image and presentation of staff. Leasing a prestigious and classy vehicle helps maintain a quality image and positive association.
Following on from that point; Company Car Leasing is ideal for going to and from meetings, travelling on motorways and long commutes etc. When your staff need to get somewhere a leased vehicle is the perfect option.
It’s plain to see just how valuable Company Car Leasing can be to a business, so if you find your interest peaked then why not have a search around? Do some of your own research and find out if leasing is suitable for you and your company.
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.