There are many advantages to leasing a car or commercial vehicle for your business. From financial perks to business development, here’s why 2019 should be the year you get your company on the roads.
1) Hiring New Staff
Just interviewed a potential new-hire who would be the perfect fit for your company? What if someone else is offering them a similar job? A company car could be the final perk that ensures they join the right business, aka your business!
The promise of being put behind the wheel of a brand-new vehicle is a very attractive perk for potential employees, one that is sure to bring the right talent to your workspace.
Another benefit of a business car lease is that it simplifies a lot of the paperwork when hiring a new member of staff. Taking on new employees and handing them a vehicle can be a lengthy process, but at JVS, we handle all of that for you.
Our expert team have over 50 years of motor industry experience and everything we do is centred around making the process of a new lease as straightforward as possible. This is why our lease deals include everything except fuel and insurance.
2) Boost Employee Morale and Loyalty
With rail prices rising and public transport increasingly unreliable, the average commute is no longer as effective as it used to be. Prevent your staff from arriving into the office flustered and late by rewarding them with a reliable, brand-new car.
A company car is an excellent time-saver for employees, as well as a great way of keeping them happy. If that’s not enough, our short-term car leases allow you to change the vehicle every 6 months, meaning you can frequently impress customers and wow clients by arriving in a brand-new vehicle for deliveries and/or meetings.
What better way to incentivise and reward your team than a promise of an even better car in half a year’s time?
3) Tax Benefits of Vehicle Leasing
Looking to cut down the amount of tax your business pays for its vehicle(s)? It’s important to consider that, if your new leased car will be used strictly for business, you can claim back 50% of the VAT.
When it comes to leasing from us, you have the choice of any UK make or model; this means that you can pick a vehicle with low emissions and benefit from offsetting 100% of the costs against your taxable income. This is the case with any leased vehicle with CO2 emissions of 110g/km or less.
We would advise exploring the possibility of a pick-up truck or light commercial vehicle lease if you are looking to save significantly on tax.
To learn more about the tax benefits of leasing, get in touch with our expert team or use the government’s Company Car Tax Calculator.
4) Save Money with a Company Car Lease
If you have been turned down by a big manufacturer for a car lease, fear not. We can often find a solution for businesses with poor credit, or little credit history whatsoever. This makes us the perfect go-to for start-ups looking to get their business on the roads.
Thanks to our flexible credit checks, we can tailor our company car lease offers specific to your financial situation and circumstances, too.
5) Turn Your Company Car Lease Into Free Advertising
Vehicle livery is readily available with each of our lease deals, and we can put you in touch with some of the vehicular branding industry’s best experts!
Putting your company’s branding and contact information on your leased car could help you reach thousands of potential customers or clients, with little-to-no extra effort.
The average UK citizen spends 9 hours a week on the road. While driving, ensure you look and feel the part while spreading the good word about your goods and services to your potential customers.
Even when your company car is parked up, people will be looking at your brand, therefore ensuring 24-hours-a-day marketing.
6) Avoid Vehicle Depreciation Costs
The average car loses 15-35% of its value in the first year you buy it. This depreciation can increase to over 50% over the following three years.
Vehicle depreciation is one of the biggest financial expenditures when it comes to getting behind the wheel of a new vehicle. Little do some people know, it’s also one of the easiest to avoid.
By opting for a lease instead of buying a company car, you avoid the costs and hassles associated with selling it. Instead, you can simply trade it in for a new, shinier model in as little as six months.
7) New Car Every 6 Months
The last thing you need when your business is thriving is to be tied down to a contract that no longer serves its purpose.
Don’t commit to a long-term purchase or contract of a vehicle that you may outgrow in the near future. Instead, opt for a short-term lease and, six months down the line when your business has expanded and developed, trade your company car in for a bigger or more luxurious model!
8) Spend More Time On Business D
At Just Vehicle Solutions, we want to enable you to focus on what you enjoy: developing your business. This is why we include MOTs and maintenance with each of our lease agreements.
While we ensure your car is running exactly as it should, you can ensure your business has your full attention!
Learn more about company car leasing
Whether you’re convinced a vehicle lease is the right solution for your business or simply need more information, please don’t hesitate to get in touch with our expert team!