Business car leasing, also known as Business Contract Hire (BCH), is a long-term rental agreement for companies. You pay fixed monthly instalments to use a vehicle for an agreed period, typically 2 to 4 years, and return it at the end of the term without worrying about depreciation or resale value.

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.

Business leasing is available to most companies (limited companies, sole traders, partnerships, charities, local authorities, PLCs, limited liability partnerships, etc). We can lease to companies from 3 months old, but eligibility varies across different leasing companies.

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.

Leasing offers predictable costs, no large upfront payments, access to the latest vehicles, and potential VAT savings (as long as you're VAT registered). It'll also reduce your bottom line, therefore less corporation tax!

New businesses can lease vehicles, though this will reduce the number of leasing companies you can use. Supporting documents such as business plans, bank statements, or director's guarantees will help.

Maintenance is not included by default but can be added to cover routine servicing, repairs, and replacement tyres. This option helps businesses manage costs more effectively.

At the end of the lease, the vehicle is returned. In some cases, you may have the option to extend the lease, switch to a new agreement, or purchase the vehicle, but none of these options are guaranteed.

Yes, leases include an annual mileage limit agreed upon when the contract is signed. Exceeding this limit incurs additional charges per mile.

Yes, but this is considered a taxable Benefit-in-Kind (BIK), so the employee will need to pay company car tax. The tax amount depends on the car's value and CO2 emissions, p11d, and the employee's tax bracket. Choosing low-emission vehicles can help reduce BIK costs. Check out our BIK calculator.

VAT-registered businesses can reclaim up to 50% of the VAT on vehicles used for both business and personal purposes and up to 100% on maintenance costs. Lease payments may also be treated as deductible business expenses. However, if you use a business lease vehicle for personal use, you will need to pay company car tax.

Typical documents include general business and director or owner details. For new businesses, additional information like forecasts may be needed.