There are so many models out there that are fantastic for businesses so it can be difficult to decide which ones are right for you and your business.
And that’s where we come in. In this article, we are going to go through the best vehicles for business leasing and talk a little bit about the benefits thereof.
Best Vehicles for Business Leasing
The following are our top picks for business leasing. They aren’t the only great cars out there, and there are plenty of others that might be perfect for you and your business. The following are simply our top picks for the best vehicles for business leasing;
BMW 5 Series
BMW’s make great company cars and this much is obvious by how popular they are. The 5 Series is a great premium saloon that is incredible to look at, and to drive. Perfect for executives, the 5 Series will make your company and your employee look the part.
The 5 Series is also pretty efficient as well, so it won’t cost you a huge amount of company car tax. As it’s BMW, you will also get a good amount of standard equipment which also helps keep the price down. If you do want extras, then BMW offer some great safety and driver assist features which will keep your employees safe and happy.
Because BMW’s are popular to lease, there are plenty of great deals to be had on them pretty much all year round, making the 5 Series a firm choice.
Mercedes C-Class Saloon
It’s a Mercedes, so you know it’s well-built, drives like a dream and looks stylish inside and out. But they aren’t the only reasons we’ve included the C-Class on our list. You can now get the C-Class Saloon as a plug-in hybrid, as the C350e. This combines a 208bhp petrol engine with an 80bhp electric motor and can propel you from 0-62mph in just 5.9 seconds.
Not only that, but it also returns just 48g/km of CO2 making it hugely attractive to many businesses. This means that you will pay considerably less in company car tax and you won’t have to pay congestion charge in many city centres including London.
The A3 is the perfect mid-sized car that all employees will be happy with. Like its fellow German counterparts, the Audi A3 is well-built, drives well and looks the part. It’s executive looking but also practical, making it great for both city and motorway driving.
There are a range of engines and specifications you can choose from, as well as heaps of optional extras. What else would you expect from an Audi?
If you’re looking for something smaller then the Volkswagen Golf makes the perfect company car.
One of the most popular cars on the market, there are some great lease deals to be had on the Golf, particularly business leases. There are plenty of engines and specifications to choose from, as well as their plug-in hybrid version, the Golf GTE.
The Golf comes with heaps of equipment including a navigation system, infotainment system, parking sensors and adaptive cruise control as standard on some models.
The Vauxhall Astra doesn’t get enough love in my opinion. It’s a great car and it makes a perfect company car if you want something that is affordable and practical.
It’s low emissions make it a great option for a business lease and the Tech Line trim has been designed with businesses in mind. You get a Sat-Nav, multifunction steering wheel and cruise control as standard on this trim.
The Astra is incredibly affordable on a business lease, and therefore makes a great company car. It’s perfect for trips in and around the city and has great running costs, so it won’t break the bank.
The Ford Focus has long been a favourite amongst businesses and it seems to be staying that way. There are many things you can praise about Ford, and their ability to make practical cars that are also enjoyable to drive is definitely one of them.
Due to their popularity, there are always great deals to be had on the Focus, which means you are pretty much guaranteed to get a great business lease deal on it.
The Focus also comes with the equipment you would expect in a Ford as well as exceptional comfort and enjoyment. Ultimately, the Ford Focus does exactly what it is supposed to, and it does it well.
The Toyota Prius is a well known car, and probably the most well known hybrid model on the market today. Therefore, it makes a great company car if you want everyone to know that you are doing your bit for the environment. It looks great for company image if your employees are driving in and around the city in a hybrid. It will also cost you less in company car tax.
It’s also practical, it looks better than it ever has been, and drives well. It’s also very quiet which is always nice, particularly on the motorway.
If you’re looking for a luxury car that is slightly different from the norm, then the Lexus GS is perfect. It comes in a hybrid form which will make your company car tax low, and it looks as premium as its German competitors.
Lexus are also hugely reliable, which is another plus, and there are some great lease deals to be had with Lexus models. They are hugely underrated, which is what makes them so great. You can’t really go wrong with a Lexus, they’re efficient, they look good and they keep the running costs low.
It’s classy, stylish, and is affordable. The Toyota Avensis is a great choice for businesses. It wouldn’t look out of place next to an Audi or a BMW but you’ll be safe in the knowledge you’ll be paying less for it.
But that doesn’t mean you have to go without. The Avensis comes with loads of optional extras and safety features that will keep your employees happy. One notable feature is the Road Sign Assist, which reads the road signs for you to tell you if you are going over the speed limit, which means you can always keep your eyes on the road.
Emitting just 44g/km of CO², the 330e sits in the lowest BIK band for business users which makes it very appealing for business owners. What it loses in CO² emissions it gains in speed as it can reach 0-62mph in 6.1 seconds. This is quicker than the diesel version, and we can imagine there will be some very happy employees with those statistics.
It also looks good, can travel in complete silence when using just electricity and comes with heaps of extras, just as any BMW should.
So those are some of our top picks for business leasing. Again, these are just our opinion and there are plenty of models that might suit your situation. However, we think these ones are the best.
What are the business benefits of leasing a car?
There are loads of business benefits of leasing cars, which is why it is so popular to do so. These include;
- Tax benefits
- The car can be “off balance sheet”, which means the liability of the car doesn’t appear on the company accounts. This is, as you can imagine, very appealing.
- You don’t have your cash tied up in a depreciating asset
- When you lease cars, you hand them back at the end of the contract with nothing more to pay (subject to mileage and condition). This means that you don’t have to worry about selling the cars on nor do you have to worry about depreciation. The car simply goes back and you don’t have to worry about it anymore.
- You can renew your fleet every few years
- Maintain company image and employee morale by refreshing your fleet every few years. Having your employees drive around in the latest models is great for company image and it makes your employees feel good as well.
- You attract the best employees
- Studies have shown that having a company car is still a huge perk, and it attracts the best employees to your company.
- You can access fleet discounts
- This is opposed to if you were to lease as a private individual. You can often access discounts that private individuals cannot, therefore your lease could be less than it would be if you were to lease personally.
You can read more about how company cars attract the best employees here.
Hopefully this has given you some idea of what sort of cars you should be looking for business leasing. As we said, these aren’t the only ones available to you, but these are the cars that we think make the best company cars and often have some great lease deals available. There are great lease deals to be had when it comes to company cars, and there are plenty of benefits to business leasing as we have explained above. This article has hopefully provided a good place to start finding the right company car for you.