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Advantages of Company Car Leasing Over Buying

If you’re a small business owner, or at least are thinking of starting your own benefits, one massive benefit you could have overlooked is car leasing. Business rates on leasing cars are naturally much lower because VAT is claimed back, effectively giving you a massive discount on the market price.

When you drive down the road and you see plenty of nice swanky Mercedes, Audis or BMW’s coming towards you, chances are they are either company cars or leased cars. Not many people have the kind of money to throw away on buying a brand new executive car for it to lose value by the day.

Leasing works by the leasing company buying a fleet of cars in bulk, for example you might expect to pay £40,000 for a new Range Rover Evoque. But if a leasing company has brought 25 of them all at once, they may have been able to negotiate a discount at something like £32,000 per car. Therefore they can afford to lease the car out and still make some money when it comes to sell the car on second hand.

Leasing a car on behalf of a business also has an added advantage of image. If you are needing to meet clients or take them out, or even give an impression when it’s parked outside an office, A nice car can deliver. It gives off the image of professionalism and the fact that you can afford that car, you must be good at your job.

What are the main advantages over buying a car? Well there are several, With the economy the way it is, it’s making more sense to consider leasing. Buying a car is obviously expensive, most of us can’t afford one flat out, we use finance companies instead. With finance companies comes interest which is usually a costly amount on top of the original car price. If you worked out the average cost of a lease to buying a car, you’ll find that leasing can often be cheaper.

Another good reason to consider leasing a company car is the comfort and technology you get with newer cars versus old cars. Obviously a company car is going to be used for commuting and travelling. So a newer car with more comfort, safety and newer technology would be a much nicer option than an older car.

Company
Car Leasing
can also evidently pay for itself, If you take into account car depreciation, maintenance costs and other general administrative costs. You could find that taking the leasing option could end up saving you money rather than buying a car flat out.

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Kadee HO GBW 40 PS 1 Box Car
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Athearn HO Scale Green Bay Western GBW 50 SD Railbox Car Item 5682 Road 7000
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AHM GBW GREEN BAY WESTERN BLT 5 62 BOX CAR NEW IN BOX
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HO Scale Green Bay Western 50 Thrall Door Freight Train Box Car GBW 54
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BEV BEL 19001 THRALL DOOR CAR GBW 56
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Athearn HO Scale Green Bay and Western GBW 50 Plug Door Box Car Road 2046 B1
Athearn HO Scale Green Bay and Western GBW 50 Plug Door Box Car Road 2046 B1
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ATHEARN HO 50FTFMC BOX CAR GBW 7048
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Green Bay Western GBW 60 40ft Box Car Bachmann Silver 17036 HO JY1746
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HO train car Green Bay Western Ho Scale 50 Thrall Freight Box Car GBW 54
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Herald King decals HO GBW ballast car 2 sheets XX177
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LIFE LIKE HO SCALE GBW THRALL DOOR BOX CAR ITEM 08990 ROAD 54 NIB
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LIFE LIKE GREEN BAY AND WESTERN GBW 54 REEFER CAR 75  LONG HO
LIFE LIKE GREEN BAY AND WESTERN GBW 54 REEFER CAR 75 LONG HO
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WALTHERS HO DIFCO DUMP CAR GREEN BAY WESTERN GBW 133
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Herald King decals HO GBW ballast car white XX187
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NOS Vintage LIFE LIKE GBW 412 HOPPER CAR NEW IN BOX
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HO Walthers Kit 932 4711 GBW Green Bay Western 50 Waffle Side Box Car 2710
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Walthers HO GBW Green Bay Western Rd 52 Thrall Door Train Box Car 932 7017 NEW
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Green Bay Western GBW 40 Wood Boxcar Car Data Decals HO Scale
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Life Like Trains HO Scale Green Bay and Western Thrall Door Box Car GBW 54 NM
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