4 best business car leasing deals
Business car leasing provider CarLease UK have comprised their top 4 business car leasing deals look set to dominate 2018 fleet hire markets.
With such a wide selection of lease cars on offer to UK businesses, deciding on petrol or diesel, even hybrid or electric cars main dilemma of 2018 for business and fleet users.
Where Mercedes leasing and BMW leasing have previously dominated the business fleet car market in 2017, Audi, Jaguar and even Land Rover look set to chip away at these shares dramatically with a new range of vehicles, ideal for UK business customers.
No 1. Audi A6 Diesel Saloon 2.0 TDI Ultra SE Executive
The all-new Audi A6 combines a luxurious cabin with terrific fuel economy, safety and curb appeal and makes up one of the best lease car deals for business users looking to change in 2018. Its low P11d value and low CO2 emissions ensure that the Audi A6 2.0 TDI is perhaps the best choice in business leasing when considering the price per month for such a luxurious and executive car.
No 2. Mercedes C Class C220d AMG Line
Mercedes Benz has long been the business customers’ choice in executive lease cars and when checking out this Mercedes C Class AMG Line it’s easy to see why so many fleet and commercial users flock to the Mercedes brand and the impressive 9-speed semi-automatic gearbox makes this car ideal for high mileage users (covering over 20,000 miles a year).
No 3. Land Rover Range Rover Velar
A new addition to the Land Rover lineup this year was the Range Rover Velar. This luxury SUV not only has the executive feel but, also the prestige presence of a 4×4/ SUV style vehicle. With more and more business users now choosing SUV-style vehicles than ever before the Range Rover Velar is a sensible, luxurious choice for some.
No 4. BMW 4 Series Gran Coupe
The suitably styled BMW 4 Series Gran Coupe is a 4-door coupe lease car that is unique and somewhat uncommon to see on UK roads. With a relatively high cost to lease (when compared to the Mercedes and Audi above), it might seem logical that users are not choosing to drive this car yet, with impressive P11d values and solid CO2 levels the BMW 4 Series Gran Coupe makes for an excellent choice in business lease deal when taken on a 3-4 year period.
More info about business leasing & business finance leasing
With contract hire, this is a fixed-term product, so if circumstances do change during the course of the agreement, users will have to pay an early termination fee, often equivalent to half of the remaining rentals. Contract hire is not a product customers can simply walk away from.
As an alternative, business “leasing” can also encompass a product known as a finance lease. Unlike contract hire, customers do have the ability to enjoy some of the ownership-style qualities that this finance product affords.
When agreeing to a deal on a finance lease a customer should be presented with an initial rental, monthly rental, and final rental (or balloon). That final rental is a calculation based on term and mileage and is a sum that MUST be paid to the finance company at the end of the contract.
What business users, or the company, must do is sell the vehicle at a commercial value to a 3rd party (i.e. not yourself or a family member).
As the vehicle is not being inspected or returned, the value at the end of the contract is down to the sale price. If the vehicle has incurred heavy use this will be reflected in the sale price the user is likely to receive. Additionally, a financial lease (like contract hire) offers certain tax benefits that many companies can utilise – in order to reclaim all of your VAT on the rentals and also claim back the rentals against corporation tax.
