Drive Your Business Forward
Whether you're a business owner or employee seeking a company car, a fleet manager looking to optimise vehicle operations, or interested in implementing a salary sacrifice scheme, we've got you covered.
Top Business Lease Deals
Salary Sacrifice
Understand how introducing Salary Sacrifice can save you and your employees up to 40%.
Fleet Solutions
Ensure you're fleet is efficient and cost-effective, by utilizing our bespoke fleet solution plans.
Customer Case Studies
Helping ECF Save Time & Add Value
We helped Ryan, Sales Director at East Coast Fittings (ECF), secure an Audi e-Tron GT below budget. Not only were we the only lease company able to get the car within budget, but we also helped Ryan understand tax implications (BIK) and company benefits.
Motorlet are patient and non-pushy, and I’d very much recommend anyone to use them!
Ryan, Sales Director at ECF
Why lease a car through your business?
Claim Back VAT
Claim back between 50-100% of the VAT on car lease payments, 100% on van lease payments, and 100% on all maintenance payments.
Reduce Corporation Tax
Depending on the vehicle's CO2, you can offset up to 100% of the lease cost against your corporation tax.
Cash Flow Management
Leasing allows for predictable monthly payments, making it easier to manage cash flow compared to purchasing a vehicle outright.
Improved Balance Sheet
Leasing keeps the value of the vehicle off the company's balance sheet, potentially improving financial ratios and creditworthiness.
Minimal Upfront Costs
Leasing typically requires lower upfront costs compared to purchasing, preserving capital for other business investments.
Risk Mitigation
Leasing transfers the risk of depreciation and resale value fluctuations to the leasing company for easy financial planning.
Maintenance and Servicing Included
Completely fix your costs by including a maintenance package, relieving the company of the burden of unexpected repair costs.
Flexibility and Efficient
Leasing offers the flexibility to upgrade to newer vehicles more frequently, ensuring your company fleet remains modern and efficient.
Company Car Tax Calculator
Use our company car tax calculator to find out how much BIK is payable on different vehicles.
How does it work?
Find your best suited business lease
Our team are on hand to help determine if a business lease is right for you. If it is, they'll assist you with finding the right deal.
Complete your lease paperwork
Once you're happy, complete all necessary paperwork and undergo a credit check. Don't worry, most of it is online!
Take delivery of your new lease vehicle
The final step is to take delivery and enjoy driving your brand new vehicle, knowing you're fully covered.
Business Leasing
Business or Personal Car Leasing: Which is Right for You?
Understanding the key benefits and tax implications of each option is essential. Whether you're a business owner weighing the advantages of leasing your next car through your business, or an employee looking for a company car, our guide outlines essential factors to consider.
Eligibility
Is Your Business Eligible For a Lease Vehicle?
Whether you're a small startup, a medium-sized enterprise, or a large corporation, we work with leasing companies that will help.
Company Car Tax
Understanding Company Car Tax Before You Lease
Company car tax, also known as benefit-in-kind (or BIK for short), is a tax on non-cash benefits provided by an employer in addition to your salary, such as a company car. If you're a business owner or employee, you must understand BIK before you decide to get a company car.
Business Leasing Guides
View MoreSalary Sacrifice For A Company Car
Salary sacrifice for a company car can be a tax-efficient way to get a car, as payments are made before tax is deducted, leading to potential savings on income
Business Leasing Explained
Everything you need to know about business vehicle leasing
Understanding Benefit-in-Kind (BIK) for Company Cars
Everything you need to know about company car tax, aka benefit-in-kind (or BIK for short)
Make sure you're in the know.
Our experts are on hand to guide you through the whole process. Book a call, email, or WhatsApp with one of them so you can start hunting down your next car.
What is business car leasing?
Business car leasing allows companies to lease vehicles for their employees or operations without the financial burden of owning them. It involves paying fixed monthly payments over a set period and returning the vehicle at the end of the lease.
How does business car leasing work?
Businesses select the vehicles they need, agree on lease terms (length, mileage, monthly payments), and make regular payments. At the end of the lease, the vehicles are returned to the leasing company, and the business can choose to lease new vehicles.
What are the benefits of business car leasing?
Benefits include lower monthly payments compared to purchase, no worries about depreciation or resale value, improved cash flow, and the ability to offer employees new vehicles. It also allows businesses to claim back VAT and reduce their corporation tax.
How do I know if my business is eligible to lease?
We work with multiple leasing companies that cater to a wide range of businesses, from start-ups to PLCs. We understand that each business is unique, and eligibility can vary. Get in touch to find out if your business is eligible.
How are lease rentals for business vehicles calculated?
Lease payments are based on the vehicle’s depreciation, interest, taxes, and fees. Factors such as the car's residual value, lease length, and requirement mileage will impact the payments.
Ready to speak to one of our experts?
If you'd like speak to us on the phone, feel free to give us a call on 0333 202 6668 or book in a call below.
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