Should My Small Business Lease a Vehicle?

By Lauren Bagnall
13-01-2022
Should My Small Business Lease a Vehicle?

As a small business, you'll be aware of the importance of managing finances and expenses. For some companies, driving a vehicle is inevitable and some employees will need a car, van or pickup truck to carry out their duties effectively. It might seem like the more obvious option to buy a car, but it isn't the best choice in terms of investment. Leasing a vehicle enables you to monitor your monthly outgoings and can provide you with a brand new vehicle, increasing reliability. With so many car, van and pickup lease deals to choose from, you can pick the very best vehicle that suits your needs...

Here at MW vehicle contracts (MWVC), we stock a wide range of brand-new vehicles perfect on a vehicle leasing deal. All of our personal and business leasing contracts can be tailored to your budget and preferences, with initial and monthly rentals ranging in price depending on your needs. If you're looking for a car, van or pickup on a business lease, consider our deals today.

Lower Costs to Manage your Finances

Not many small businesses want to make large payments outright, as it could put them in financial detriment and hinder them for the future. When looking for a vehicle to help you carry out your duties, it isn't the best financial investment to pay for one outright. Vehicles depreciate over time, and if you need to sell in the future for whatever reason, you won't get back what you put in. Businesses such as tradesmen will almost always need a van or pickup to get them from A to B, but money can be an issue. Luckily, pickup and van leasing deals help you spread the cost and save big lump sums for when you really need them.

Here at MWVC, we have a wide range of vans perfect for businesses of all sizes. The all-new Ford Transit Courier is perfect for smaller businesses of all kinds, and we currently have it in stock for the great monthly price of just £179.99* per month ex VAT. Also, if you're a VAT registered business, you can enjoy an array of tax and VAT benefits, another way to help you save money. You can view the rest of our van leasing deals here.

There's No MOT, Plus Other Servicing Benefits

MOT's, services and insurance are three main factors that car owners need to consider. They can be pretty expensive to keep up with, especially if they all come around at once or your vehicle fails its MOT or something crops up during servicing. When you look towards vehicle leasing, you will still have to insure the car, van or pickup, but an MOT and servicing might not be a concern. If you opt for a three-year contract, you won't have to worry about getting an MOT, as cars younger than three years old don't need one.

We offer a maintenance package here at MWVC that is tailored specifically to your mileage and contract length. This package includes servicing, tyre replacement and other consumable parts. It's a great idea if you want everything all in one place, so you don't have to worry about running around for a service or extra maintenance. This package is provided for cars, vans and pickups alike. To view our full collection of pickup lease deals, please visit us here.

Keeping Up to Date with Model Updates

Buying a vehicle for your business upfront is a great idea in the short term, but as the years go by, the vehicle may begin to break down and falter. Buying a used vehicle is an option for small businesses as it is cheaper, but they may be more unreliable if they're older. Leasing a brand-new vehicle is not only cheaper, but you're constantly being provided with a new model of your favourite vehicle. This keeps you up to date with safety features, giving your employees peace of mind.

All of our vehicles for lease here at MWVC are completely brand new, allowing you to drive in style and create a good reputation for your business. This brand-new Ford Ranger is just £299.99* per month ex. VAT, providing you with a great payload and load length for just a fraction of the price of buying outright

How We Can Help

If you would like to find out more, or to lease a vehicle today, give us a call on 0116 259 9548, and a friendly member of our sales team will be able to objectively advise on the very best vehicle for your business.

*all pricing correct at time of publishing.