Does My Business Need Company Cars?

By Lauren Bagnall
Does My Business Need Company Cars?

Does Your Business Need a Company Car?

Any business that is client-facing or involves a significant amount of travel should consider company car leasing. It's a great way to meet and greet prospective customers or clients, and can help your employees carry out their jobs in a more professional and efficient manner. There are also schemes and incentives available too, helping you cut the cost of your monthly outgoings. By providing car leasing in Leicester and across mainland UK, we can help your business get on the right track.

Here at MW Vehicle Contracts (MWVC), we provide pickup, van and car leasing deals to individuals and businesses across the UK. From electric vehicles to SUVs and hatchbacks, we have the perfect car for you on an affordable vehicle leasing deal. There are various benefits associated with leasing a vehicle for business, but how can you tell that you're making the right decision?

A Great Incentive for Current and Prospective Employees

One of the major reasons why companies opt for a business lease is the incentives they provide for attracting new employees and retaining current ones. If your employees need to travel a long distance to meet clients or provide deliveries, they won't want to rack up miles or spend on fuel in their own car. By providing them with their own car or van, they don't have to worry, and can carry out their jobs effectively.

Also, by leasing a business vehicle, your employee will not be tied financially to the car, as all payments are made through the business. Some companies even offer a car fuel benefit too, so no extra costs are being made by the employee. This can actually work out cheaper than filling up yourself. Here at MWVC, all of our cars are available on a business car lease, perfect if you need a simple company car.

The all-new Vauxhall Corsa-e is a perfect choice, and can even enhance your sustainability credentials too. For just £194.16* per month ex. VAT, you can cut the monthly cost and can even tailor your contract to suit you.

Company Car Schemes and Low Tax Rates

When a business provides a company car scheme, it can improve your reputation and cement your brand as a more established one. When you opt for a company car, Benefits-In-Kind (BIK) tax rates are significantly lower, depending on the vehicle's CO2 emissions and fuel type. Therefore, electric or hybrid cars are the best to look towards, as they offer the cheapest tax rates.

When you lease a car, you can already enjoy various financial benefits, from saving the cost of the outright payment to managing what goes out of your account each month. Company car schemes allow you to stay on top of your finances, giving you peace of mind.

If you choose to lease a vehicle, the road tax will also be covered in your monthly rentals, leaving you with less elements to worry about. If you need a van to transport heavier goods, tools and machinery, then we have plenty of van leasing deals perfect for you. The all-new Nissan Primastar is currently just £169.99* per month ex. VAT, with plenty of loading space and all-new safety features for driver convenience.

Making your Business More Efficient

If your employees need to travel to perform duties for their job, but they aren't given a vehicle, it can be quite time consuming to carry out tasks in their own vehicle, or even public transport. If they need to transport goods, they may need to make multiple trips to fit things in, which can cost your business time and even money. By providing a car or van lease, you can make your business processes more efficient, helping your employees carry out their duties more effectively.

We have hundreds of vehicle leasing deals here at MWVC, with car leasing in Leicester and across the UK. Our electric car leasing deals are perfect if you're looking for the best tax benefits, with plenty of ways to lower your carbon footprint and make a difference. To find the very best company car lease deal for you, please give us a call on 0116 259 9548.

*all pricing correct at time of publishing