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Why new car leasing is the right choice

Affordable business car leasing

Business car leasing holds many advantages over traditional “owned” fleets, a major one being price. In a car leasing arrangement, you are not paying the entire cost of the vehicle. Instead, you are paying a nominal fee at regular intervals for the duration of the car lease UK contract. The money that you would’ve spent purchasing your office fleet’s vehicles can now be earmarked for other things—investing in new products or services, for example.

Have you ever bought a car from a dealership, only to discover that you’re paying far more than you expected? With business car leasing, there are no hidden costs or fees. All business car lease payments are regular and consistent, which make them easier to include and predict when assembling the quarterly operating budget.

Car depreciation is a big factor in vehicle ownership. Businesses that own their fleets have to worry about recouping the cost of old and obsolete vehicles. Business car leasing eliminates this issue, since the car lease UK companies retain ownership of the vehicles and are responsible for their disposal.

Financing assistance

What if you’re interested in car lease deals but don’t have the funds to assemble a fleet, even at a reduced cost? No worries there, either. Most car lease UK companies such as Ultimate Car Leasing offer various financing plans and payment options that take the pain out of your investment. With these financing plans, you can build your fleet without having to worry about the cost.

Ultimate Car Leasing offers reasonable, fixed interest rates that match or are even better than those of actual car dealerships, while ensuring there are no hidden costs or fees in your business car lease contract. Even the government provides incentives for businesses using car lease UK companies. All car lease deals are VAT recoverable. VAT recovery is at 50% for personal car leasing, and are100% recoverable for business car leasing.

Flexible car lease deals

As you build your fleet, you’d do well to take advantage of how flexible a business car leasing arrangement can be. Companies like Ultimate Car Leasing can work with you to create the car lease deals that fit your business’ unique situation. If, for example, you have need of a company vehicle but have no parking facilities in which to store it, you can arrange for the vehicle to be stored at the car leasing depot until it is needed. Or, if you can’t afford to have a full-time office fleet (which may even spend most of its time idle), then you can do business car leasing on an ad hoc basis.

New car leasing is, in many ways, even better than owning a vehicle. For one, a business car lease usually costs much less than purchasing a vehicle outright. This means that your car lease deal can get you higher quality vehicles for lower prices. Also, most car lease deals have a maintenance package option that shifts the burden of car upkeep to the leasing company, making for hassle-free car use. And just to make sure you’re covered in any eventuality, Ultimate Car Leasing can provide you with a relief vehicle in the event of a breakdown for a nominal fee.

Vehicle storage is another ancillary factor when building a fleet. Having the budget to purchase or lease a fleet of company cars doesn’t help if you don’t have anywhere to store them. Ultimate Car Leasing helps companies address this by offering to store vehicles for the company in question. The vehicles are kept safe in our company depot, ready to be sent out once the customer has need of them.

Excellent vehicle selection

Most car leasing companies offer a good range of vehicles to choose from. Ultimate Car Leasing is no different, with access to models from every major manufacturer. There are models to fit any situation, whether you need a van for shuttle services or a sedan for single person transport. You can even assemble a fleet from different car manufacturers, mixing and matching them according to your tastes. If you’re worried about upkeep, don’t be. Every single vehicle at Ultimate Car Leasing is well maintained and under manufacturer’s warranty.

But what if you find that you’re not happy with the vehicle you’ve chosen? In a normal situation, you’d have to either sell the car or bite the bullet and try to live with it. But when you’re car leasing, you can always return the vehicle at the end of your business car lease contract period and exchange it with another. Then, when you’ve finally found a vehicle you’re happy with, you can purchase it from the business car leasing company at the end of your contract for a pro-rated price. Or, if you’re satisfied with both your leasing arrangement and your vehicle, you can renew your contract as many times as you wish.