WHAT IS BUSINESS & PERSONAL LEASING ?

How Does Business Leasing Work ?

Business car leasing is undoubtedly now one of the most popular ways to finance a new car or van for a business. The reason why so popular is down to its no hassle, balance sheet friendly and gives you better cash flow with no concerns to depreciation or disposal problems of the vehicle at the end of the lease.

Another benefit of business leasing is company image, your employees will always be in vehicle's 3 Years or younger, the car will always be in warranty and cut any nasty bills which my occur from a older out of warranty vehicle.

Main Benefits:

1. Set monthly payments, you know what you are going to pay for your lease ever month.

2. Monthly payments are cheaper than hire purchase or lease purchase.

3. The leasing company will buy in bulk from motor manufacturers, so huge savings can be made and then passed on to you.

4. Due to the nature of business leasing depreciation or disposal of the car is not an issue to the company.

5. Off balance sheet funding.

6. A minimum of 50% of the VAT can be reclaimed back.

7. New car every 2 or 3 Years.

8. Maintenance packages available for all your servicing and repairs, but only benefits drivers doing more than 20,000 miles per annum.

9. Car tax included for the duration of the lease.

10. Hassle free motoring.

How Does Personal Leasing Work ?

Personal car leasing share some of the benefits of business, the hassle free motoring, fixed monthly payments, cheaper than personal contract purchase. You get to have a new car every 2 - 3 - 4 Years with low initial payments, in most cases road tax is included for the term of the personal lease. Private Leasing is increasing in popularity in the UK, especially in cases where people receive a company car allowance from their employer. It allows them to personally lease a vehicle over a long period with the benefits of fixed monthly payments and, as the car remains the property of the leasing company throughout, there is no issue with selling the vehicle when you want to change. You can even request that maintenance costs are covered in the private hire agreement throughout the term.

What are the main Benefits of Personal Leasing?

• Fixed monthly payments

• Car Tax is generally included for the term of the lease

• Often cheaper than a loan or HP

• No worries about depreciation or disposal of the vehicle

• Maintenance and servicing can be included.

• Popular with company car drivers who are given a car or mileage allowance instead of company vehicle.

What Smart Lease Offer

Car and van maintenance packages, including tyres, servicing and repairs also available.

6,000 - 45,000 mileage terms

24 Months - 48 Months

Flexible options and payment plans

Arranged through the UK's largest leasing companies and dealers

All cars and vans come with Free UK mainland delivery

Car tax included for the duration of the private lease contract

Hundreds of cheap leasing offers available at any one time

As a rule of thumb, you can drive a more expensive vehicle - with a lower monthly payments if you lease a car. Of course, you have to give the vehicle back at the end of the car lease term, but you can if you want, purchase it at that point. Smart Lease can quote for most makes and models of vehicles including, Mercedes-Benz, BMW, Audi, Vauxhall, Peugeot, Ford, Toyota, Nissan, Fiat, Renault, Lexus, Landrover and others. 

For more information telephone 01604 497572