Rev Up Your Business: A Guide to Securing a Car Lease

18 / May / 2023

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Are you a business owner looking to streamline your operations and cut costs? One often overlooked area where you can save money is your company’s transportation expenses. 

If you’re tired of buying and maintaining your own fleet of vehicles, it may be time to consider leasing instead. 

We at AVL have helped many businesses in finding their perfect leased fleet and are passing on some of our top tricks and tips for securing the best lease deals for your business. In this ultimate guide, we will walk you through everything you need to know about securing a car lease for your business.

Car Leasing for Businesses

Benefits of Getting a Car Lease for Your Business

Factors to Consider Before Getting a Business Car Lease

Tips for Maintaining Your Leased Business Car

Common Mistakes to Avoid When Getting a Business Car Lease

The Best Business Lease Deals

 

 

Car Leasing for Businesses

First, let’s define what a car lease is and how it works. 

When you lease a car, you essentially rent it for a set period of time (usually 2-4 years) and pay a monthly fee for the privilege. At the end of the lease term, you return the car to the leasing company.

Leasing can be a smart choice for businesses that need vehicles but don’t want to take on the financial risk and management responsibilities of owning them outright. It can also be a way to get access to newer, more reliable vehicles without having to invest a lot of capital upfront. 

 

Benefits of Getting a Car Lease for Your Business

There are several advantages to leasing a car for your business. 

  • Cost-Effective: For one, you can often get a better deal on the cost of the car since you’re not paying for its full value. You also won’t have to worry about depreciation or reselling the vehicle down the line.
  • Flexible: Leasing can also be more flexible than buying. You can choose the length of your lease term, the type of car you want, and the amount of mileage you need. Plus, if your business needs change, you can simply return the car and lease a different one that better fits your needs.
  • Tax Deductible: Leasing can be a tax-deductible expense for your business. Make sure to check with your accountant to see how much you can write off.

 

Factors to Consider Before Getting a Business Car Lease

There are several things to consider before you sign on the dotted line for a business car lease. Let’s go through just a few of the factors you need to take into consideration before choosing your vehicle lease agreement. 

  • You need to consider your business’s transportation needs. How many vehicles do you need? What type of vehicles? How much driving will you be doing?
  • You need to consider your business’s budget. Leasing can be a more affordable option than buying, but you still need to make sure you can afford the monthly payments. Also, keep in mind that you’ll need to pay for insurance, maintenance, and repairs on the leased vehicle.
  • Make sure to research the leasing companies available in your area. Look for reputable companies with good customer service and reasonable lease terms.

If you are looking for business leases that are delivered straight to your office or premises in the UK, then check out our lease agreements today. 

 

Tips for Maintaining Your Leased Business Car

To get the most out of your leased business car, it’s important to keep it well-maintained. We have outlined some helpful tips to follow:

  • Regular Maintenance: Keep up with regular maintenance and oil changes to ensure the car is left in great condition.
  • No Modifications: Don’t modify the vehicle without permission from the leasing company.
  • No Damage: Keep the car clean and as free of damage as possible.
  • Consider your Mileage: Avoid going over your mileage limit. The limit of Miles will be stated in your lease agreement.
  • Report Accidents: Report any accidents or damage to the leasing company right away.

 

Common Mistakes to Avoid When Getting a Business Car Lease

There are several mistakes that business owners often make when leasing a car. 

If you are looking to get yourself a business lease, here are a few things you will want to avoid doing to the vehicle:

  • Not Understanding the Fine Print: Make sure that you understand the lease terms and fees before signing, and if not, be sure to ask.
  • Going Over Mileage Allowance: Going over the mileage limit can result in your business being hit with extra fees.
  • Not Maintaining the Vehicle: If you don’t maintain your business vehicle properly, this may result in getting charged for damages.
  • Going Over-Budget: Leasing a car that is too expensive for your budget should always be avoided. 

 

The Best Business Lease Deals 

Most of the vehicles available at AVL are appropriate for commercial purposes. Nevertheless, below we have provided our top three vehicles that we consider ideal for any business needs.

 

Top Van – The Ford Transit 

Introducing the Ford Transit – the van that will revolutionise the way businesses transport their goods and equipment. This van is nothing like the ordinary ones you’ve seen on the road. It’s a high-quality van designed to suit businesses from small startups to large corporations. Whether you need to transport equipment, tools, or materials, the Ford Transit has got you covered!

Here are some of the key features of the Ford Transit that set it apart from other vans:

  • Versatile Sizes and Specs: The Ford Transit comes in a range of sizes and specs, giving businesses the flexibility to choose the perfect configuration to suit their needs. From compact models to high-roof variants, the Ford Transit has a size that will suit your business.

 

  • Exceptional Load Capacity: With the Ford Transit, you’ll never have to worry about running out of space. It has a massive load capacity that can accommodate large volumes of goods and equipment. Plus, the cargo area is intelligently designed, making it easy to load and unload.

 

  • Advanced Technology: The Ford Transit comes equipped with advanced technology features that enhance safety, convenience, and efficiency. Some models feature a rear-view camera, lane departure warning system, and adaptive cruise control. You can also get the FordPass Connect app, which allows you to remotely monitor and control your vehicle.

 

Lease Prices: Prices start at just £639.21 for a Ford TRANSIT 2.0 EcoBlue 130ps H3 Trend Van and go up to £1,290.13 for a top-of-the-line Ford TRANSIT 2.0 EcoBlue 130ps H3 Freezer Van Trend A/C Auto. 

 

Top Electric – The Tesla Model 3 

Are you ready to revolutionise the way you drive? Introducing the Tesla Model 3 – the ultimate electric vehicle that combines sustainability, style, and performance like never before. With its sleek design and cutting-edge features, the Tesla Model 3 is the perfect car for businesses that are conscious about the environment and want to make a bold statement.

Here are some of the features that make the Tesla Model 3 stand out from the competition:

  • Electric powertrain: Say goodbye to petrol stations and hello to a more sustainable way of driving. The Tesla Model 3 is powered by electricity, which means you can charge it at home, at work, or on the go.

 

  • Long-lasting battery: With a range of up to 263 miles on a single charge, the Tesla Model 3 can take you anywhere you need to go. Whether you’re driving to a client meeting or taking a road trip, you can do it all with confidence.

 

  • Advanced safety features: Safety is a top priority for Tesla, which is why the Model 3 comes with advanced safety features like collision avoidance, emergency braking, and more.

 

Lease Prices: Prices start at just £570.80 for a Tesla Model 3 Saloon Model 3 Saloon Auto RWD  and go up to £718.57 for a top-of-the-line Tesla Model 3 Saloon Model 3 Saloon Performance Upgrade Auto AWD.  

 

Top Car – The Mercedes-Benz A-Class

The Mercedes-Benz A-Class is the ultimate company car that offers a perfect blend of familiar fuel petrol and diesel power with the option of a hybrid alternative. This impressive car is designed to take your business’s driving experience to the next level.

If you’re looking for a luxurious and innovative car that offers unique features and benefits, for your business then the Mercedes-Benz A-Class is the perfect choice. 

Here are some of the features and benefits that make this car a must-have for all car enthusiasts:

 

  • Versatility: With lots of different versions to choose from, the Mercedes-Benz A-Class can suit many different company car drivers. The car comes with a 355-litre boot and five doors which benefit practicality, and it’s small enough to cope with tight city streets.

 

  • Fuel Efficiency: The hybrid alternative of the Mercedes-Benz A-Class is a game-changer for those who value fuel efficiency. It offers a hybrid alternative that provides an impressive fuel economy and helps reduce your carbon footprint.

 

  • Unmatched Performance: The Mercedes-Benz A-Class is designed to deliver an exceptional driving experience. It is equipped with powerful engines that offer unmatched performance, whether you’re driving on the highway or navigating through the city.

 

Lease Prices: Prices start at just £333.90 for a Mercedes-Benz A CLASS A180 AMG Line Executive Edition 5dr Auto and go up to £1,021.57 for a top-of-the-line Mercedes-Benz A-Class 5-Door Hatch A45 S 5 Door Hatch 2.0 AMG Auto 4MATIC+ Plus. 

 

Get in Touch with AVL Today

Ready to lease a car for your business? Request a quote today to learn more about our competitive lease terms and reliable vehicles.

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