Fleet Solutions: The benefits of Contract Hire over outright Purchase.

Here are 5 advantages of "Contract Hire" over outright purchase, saving your business time and money

If you choose to lease your fleet vehicles, you avoid ownership of heavily depreciating assets which may be hard to dispose of at the end of their useful life. And by avoiding the initial outlay, you release cash flow which can be invested into other areas of your business.

 

Projecting your corporate image is all important, you will be judged by your appearance. Leasing your fleet vehicles means they will always be new and covered by warranty. You can also maintain your Green credentials by having access to the latest low-emission and eco-friendly vehicles.

 

Normally your Road Fund Licence will be included for the full period of your lease agreement, and servicing and maintenance can be included as an option. This makes managing your fleet all the easier as you are running your vehicles on a fixed cost package.

 

Rentals are based on the ex vat price of the vehicle, and 50% of the Vat on the rentals is reclaimable on cars and 100% on commercials, other tax benefits are also available, ask your accountant about the tax efficiency of Contract hire for your business.

 

Whether you run a large fleet or just a few commercials, acquiring your vehicles through an independent lease broker will give you access to all makes and models through a single outlet where you can benefit from their experience and advice.

Darren Nash

Call Planet Leasing for a quote on any car or commercial 0845 291 9221

www.planet-leasing.com “A World of choice, Without costing the earth”

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