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Saturday, November 20, 2010

Low Cost Business Motoring Via Car Leasing

By Ian Smithers


What is it about cars that makes everyone want to drive the nicest and most expensive models that they can lay their hands on? Perhaps it is because people are aware that the car they drive will influence the opinion that the people they meet will come to about them. This is particularly true for sales persons and executives who have face to face interactions with perspective clientle, they need to ensure that image they convey is the image that is going to land them the job.

There are of course other issues that are equally important when you are ordering a new car for your business, one thing that you will need to consider would be the usage of the car, for example do you need a large boot or estate car so that you are able to fit samples or other equipment into the vehicle? Are you likely to need a four wheel drive vehicle to reach remote locations? If you are situated in the Scottish highlands for example then a 4x4 may well be a necessity rather than an optional luxury.

When you are ready to source your new company car, it is always a good idea to review your options, for example many businesses would simply pick up the phone and obtain a finance agreement to purchase the new car outright without considering contract hire leasing. This would mean that they then miss out on the ability to change the car for a new model in two to four years time with no additional expense. They also have the added hassle of selling the car when they are done with it, and must take the loss of revenue caused by depreciation in their stride.

Most people are under the false impression that when they lease a car they will not be given any say regarding the cars colour or specifications, this is untrue and when you lease a car you can expect to have the same sort of options available to you as you would if you were purchasing the vehicle outright. Leasing companies know that you are the one who will be using the car, and therefore they are happy to make sure that any optional extras you like the sound of are present in your new vehicle.

Nowadays it is not only businesses that are taking advantage of car leasing, many private drivers are also now choosing to avoid the financial loss caused by vehicle depreciation and lease instead. Some are draw to leasing by the knowledge that they will always have a new and dependable car, while others just like the thought of being able to drive something that would otherwise be beyond their reach for a fixed low monthly fee.




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