Can Leasing A Car Save Your Business Money?


When you run a business of any size, it can be easy to come across financial struggles when customers start going elsewhere or your product is out of season. For this reason, you need to think about the ways in which you can save some money and make some compromises.

One of the best ways to save your business money is to lease your company cars rather than buy them. Here, we are going to discuss whether this can really make an impact or not. Keep reading to find out more.

Brand New Models For Less

Have you always wanted your team to drive around in a brand new car to give off the best possible impression? When you lease cars, you can get the top of the range models without the huge price tag attached. For instance, if you take a look at Vantage Leasing you can see an impressive selection of brands such as Mercedes, Jaguar and Audi that you can lease and pay off in monthly instalments for a discounted price. This will not only save you money, but it also has the potential to make you some more as you show customers that you are professional.

Fewer Maintenance Costs

One of the hidden costs of having a company car is the maintenance that needs to be done regularly. When you take out a lease for a company car, you won’t have to worry about these costs because the car will be brand new. This means that you won’t need to send the car to the garage to get new tires, new window wipers or get the engine checked. On top of this, you won’t even need to worry about the MOT because this only applies to vehicles that are over three years old. This will save you a lot of cash and you’ll be driving a vehicle that you can trust.

Can Budget More Easily

Do you struggle to keep to a monthly business budget when you need to pay for big-ticket items such as new cars or new equipment? When you lease a company car, you don’t need to worry about these things because you are paying for your car using monthly instalments. This can help you to create a budget that you can stick to and you won’t have to deal with unexpected costs when the car needs to be replaced. This way, you’ll be able to allocate your money more effectively and save some cash along the way.

Final Verdict

Many people avoid leasing business cars because they believe that they will end up paying more than the car is worth over the course of the entire leasing period. While this may be true in some cases, you need to remember all of the financial benefits that come along with car leasing. Think about how you won’t have to worry about maintenance costs, and you can stretch your budget even more easily. Lease your next company car today and you’ll be able to spend more cash on other things.