Business Professional Lease Deals

Looking for a set of wheels that's dependable but also a bit . . . executive.

That's what a business car lease is for. And they're all brand new and come with the full manufacturer's warranty, meaning you aren't going to worry about breaking down on the M6 for your morning commute anytime soon.

A business car lease agreement (also known as a business contract hire agreement) mostly works the same as a personal car lease. You select your mileage, your lease term, how much deposit you want to put down, then you pay a series of set monthly payments on your new business lease car. At the end of the monthly payments, you hand the car back to the leasing company – same as with a personal car lease.

Business vs Personal Leasing

So how is it different from personal car leasing? Well, the obvious difference is that the lease will be taken out in the name of your business, rather than in your own name. You'll also enjoy low Benefit-in-Kind (BiK) tax rates: 2% for EVs, then hybrids at 5% and 8%. Not only that, but you can claim up to 100% of the VAT back if you use the vehicle for business purposes only, or 50% VAT if you also use it for private purposes.

Beat the Monday blues with any of the business car lease deals below.

FAQs

Is it cheaper to lease a car through a business?

It is usually cheaper to lease a car through a business. That's because you can claim up to 100% of the VAT back if you use the car for business purposes only, or up to 50% if you use the vehicle for both business and personal use.

Can I use business lease for personal use?

Yep, certainly can use a business lease car for personal use. However, this element of usage will incur Benefit-in-Kind tax because it's seen as a perk.