Business Car Leasing Deals
Business car leasing gives companies, sole traders and partnerships access to brand-new vehicles with fixed monthly costs and potential tax advantages. It is one of the most cost-effective ways to run company vehicles while keeping cash flow predictable.
At LetsLease, businesses can compare the latest car leasing deals, explore special offers, browse in stock vehicles and compare the newest electric company cars.
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What Is Business Car Leasing?
Business car leasing allows a company, sole trader or partnership to lease a vehicle through the business for a fixed monthly rental. Rather than purchasing the vehicle outright, the business pays for its use over an agreed term and mileage.
This can be a tax-efficient way to run company cars while preserving working capital. Businesses can compare a wide range of car lease deals, including the latest electric vehicles for business use.
Benefits of Business Car Leasing
Potential Tax Efficiencies
Lease costs may be offset against taxable profits depending on business circumstances.
VAT Advantages
VAT registered businesses may be able to reclaim a proportion of VAT on lease rentals.
Improve Cash Flow
Leasing avoids large capital purchases and helps keep monthly vehicle costs predictable.
Access New Vehicles
Keep your fleet or company vehicles up to date with the latest models and technology.
Popular Manufacturers for Business Leasing
Businesses can compare a wide range of vehicles from leading manufacturers including Audi, BMW, Volkswagen, Kia, Hyundai and Tesla.
Popular business lease choices include the Kia Sportage, Hyundai Tucson and Tesla Model 3, depending on business needs and driver requirements.
Business Leasing and Electric Vehicles
Electric vehicles are becoming increasingly popular for business leasing due to low Benefit in Kind rates and lower running costs. This can make EVs a particularly attractive option for company car drivers and fleet users.
Businesses interested in electrifying their vehicles can compare the latest electric car leasing deals or browse current special offer lease deals for competitive monthly rentals.
Why Lease Through LetsLease?
Compare business car leasing deals with flexible contracts, expert support and access to leading manufacturers.
Business Leasing FAQ's
Business car leasing allows a company, sole trader or partnership to lease a vehicle through the business for a fixed monthly rental. It can be a cost-effective way to access brand-new company cars without buying them outright.
Business lease agreements are typically available to limited companies, LLPs, sole traders and partnerships, subject to finance approval and trading history.
Yes, self-employed drivers and sole traders can often lease a vehicle through their business, provided they meet the finance provider’s requirements.
Business car leasing may offer tax efficiencies depending on your company structure and circumstances. Many businesses also like the predictable monthly costs and potential VAT advantages.
Yes, electric vehicles are increasingly popular for business users because of low Benefit in Kind tax rates and lower running costs. You can compare the latest electric car leasing deals through LetsLease.
At the end of the contract, the vehicle is returned to the finance company subject to agreed mileage and fair wear and tear. Businesses can then choose to arrange another lease on a new vehicle.