Auditel Consultant:
Jack Pokoj

Reduce the cost of your fleet!

01 Dec 2009 | Filed under: Other Business Costs

Keep your business moving and enjoy the benefits of leasing new vehicles. Why tie up your hard earned and precious cash reserves on vehicle purchasing when leasing gives you all the benefits of operating new vehicles, offers good taxable advantages and keeps you up to date with the latest greener technologies? Think of it this way….if you buy a new car or van it’s going to depreciate heavily for the first 3 years, maybe more. When you are fed up with the car and it starts to let you down you then have the issues surrounding disposal. Market value is likely to be poorer than you have made provision for too!

However, leasing the same vehicle will allow you to effectively finance that ‘depreciation’ over a fixed term, with monthly payments to suit your cash flow and budgets. It protects you from disposal issues as the finance company take the risk on the projected future value and they will simply collect the car at the end of the agreement. If you lease over 3 years the vehicles will always, in most cases be within warranty. So peace of mind too!

In most cases leasing will be more beneficial than buying. That applies for both business and private users. So don’t buy, lease