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Business Car Leasing

Find out more about the simple and cost effective way to fund any number of vehicles with BCH (Business Contract Hire) from Intelligent Fleet Management

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Discover the Benefits of Business Contract Hire

Business Leasing, also known as Business Contract Hire, is a long term rental agreement. Contracts range from 12 to 60 months and are tailored to the businesses requirements. Business Leasing offers businesses a convenient and budget-friendly solution to finance multiple vehicles, eliminating the need for upfront payments.

With Business Contract Hire: The leasing company reclaims VAT on the purchase, reducing your monthly rentals. Ideal for VAT-registered businesses that can reclaim 50% of VAT on car finance and typically 100% for commercials. Maintenance contracts have 100% recoverable VAT. No disposal worries, and it's often 'off-balance sheet funding,' potentially enhancing future borrowing ability.

Whether you require a single vehicle or wish to manage an entire fleet, Intelligent Fleet Management is here to assist you.

Audi

Advantages of Business Leasing:

  • Minimum capital expenditure
  • Accurate monthly budgeting
  • Improved cash flow
  • Fixed interest rates
  • Rentals can be offset against the businesses profits. Lease payments are tax-deductible. Cars emitting over 130g/km CO2 face a 15% restriction on tax deductions, while those below 130g/km have no such restriction.
  • Reduced administration
  • On-going advice and support
  • Road Fund Licence provided (vehicle excise duty paid) for duration of contract
  • Optional maintenance package
  • Optional breakdown rescue cover
  • Optional replacement vehicle cover in event of breakdown

Disadvantages of Business Leasing:

  • Early termination can be expensive
  • If you do more miles than stated in your contract you will be charged excess mileage for each mile over that stated in your contract
  • You must look after the vehicle and return it in a well maintained condition otherwise you will be charged for any damage over and above that stated in the 'Fair Wear and Tear Guide'
  • You must have fully comprehensive vehicle insurance
  • You will never own the vehicle as there is no option to buy