Business Car Leasing

From SME’s right through to large corporations, business vehicle leasing is well established as a way of financing fleet vehicles. Business car leasing provides organisations across the UK with a means to expand their fleet without significantly affecting cash flow and compromising on the specification of the vehicle.

In the UK, the majority of business vehicles are sourced using contract hire, although other financing options are available and may be more suitable to your organisation. At Maxxia, we offer a wide range of business car finance options and will work with you to find the right fit for your company, small or large.

Whether you are already familiar with fleet leasing and management, or are looking to try this for the first time, we are on hand to help.

What are the benefits of business car leasing?

Owning and managing your own fleet of business vehicles can take up a significant amount of time and capital. Lease cars for business requirements deliver cost savings and cash flow improvements, enabling you to release capital to use in other areas of your business.

Maxxia’s team of business vehicle leasing specialists can help you find the most cost-effective car finance model for your business, offering you advice on contract hire, contract purchase, hire purchase or finance lease, along with other innovative business car finance options.

What’s more, we can even help you release the equity in your current fleet of business cars – by shifting these to a vehicle leasing scheme through our sale and leaseback facility.

Car leasing also frees up valuable fleet management time – as we take care of the finer details of your car scheme, from sourcing and administration to maintenance and repairs.

Want to find out more about how business lease cars can benefit your bottom line and productivity levels? Contact us today.

Review your fleet with Maxxia

Already leasing your business vehicles but want to try a new supplier? Need to review your fleet or want a different approach to car leasing? Maxxia can help. We provide clear and straightforward advice, focused on your business objectives. Our fleet financing arrangements are tailored to you, avoid jargon and will not tie you up in knots.

Whether you are looking for a small selection of company cars for your executives, or require a larger fleet across a number of locations, Maxxia can provide a comprehensive service covering a number of vehicle finance options and associated services. We aim to get to know your business and requirements so that we can then deliver a business vehicle leasing option that is tailored specifically to you. This way, you can rest assured that you have the right finance and service package to suit your company needs.

Driver-focused business fleet services

We offer a complete, driver-focused fleet management service, designed to maximise cost efficiency while alleviating the stress of day-to-day management. Our business car lease services will deliver bottom line benefit in line with your company policies, budget and contracts. Choose from fixed-cost maintenance or pay-on-use maintenance schemes.

Your business vehicle lease can include any or all of the following:

  • Vehicle procurement
  • A range of vehicle leasing options
  • Maintenance and repair
  • Detailed account management and reporting
  • Full driver support
  • End of contract vehicle disposal

We also specialise in employee car schemes that offer many company and employee benefits whereby every member of staff can potentially access a company car.

Business car financing options

A business vehicle lease can deliver a number of benefits to your business. Each finance option – contract hire, contract purchase, hire purchase or finance lease – offers its own pros and cons. Let our team of vehicle lease experts help you decide on the right finance option for you:

Contract hire
Business contract hire enables you to hire your vehicles for a fixed fee, with all liabilities for the vehicles remaining with the hire company. Commonly referred to as business car leasing, contract hire is a cost-effective way of hiring a business vehicle and expanding the size of your fleet.

  • Fixed cost motoring
  • Frees up capital
  • Improved cash flow
  • 50% VAT claimable
  • Additional line of finance that may not affect banking arrangements
  • Removes stress of vehicle maintenance
  • Risk of fluctuations in the used car market
  • Monthly rentals appear as a liability on your balance sheet

Finance lease
Finance lease allows you to hire for a business vehicle fixed fee, much like contract hire. However, all the liabilities for the vehicle pass to you.

  • Fixed monthly rentals
  • 50% of VAT can be reclaimed on the finance element
  • Potential to carry on using the vehicle at the end of the lease
  • Additional line of finance that may not affect banking arrangements
  • Vehicle appears as an asset on company balance sheet
  • Risk of fluctuations in the used car market
  • Monthly rentals appear as a liability on your balance sheet

Contract purchase and hire purchase
Contract purchase and hire/lease purchase options are also available when it comes to leasing a car for business purposes. These methods of business vehicle leasing involve making monthly payments with the end result of owning the vehicles outright once the contract is finished.

Our team of fleet leasing experts can help you choose the best option for your business. Let us help you find the right vehicles for your business requirements – with a finance option that fits with your company’s objectives and budget – set up a consultation and talk to us today.