It’s a question we don’t get often, but it does get asked. You may be a taxi driver, or just starting out as one and you’ve seen how cheap car leasing can be. So, can you take advantage of this and use a contract hire car as a taxi? Well, yes and no. In this article, we’ll look at whether you can use your lease car as a taxi. In some circumstances yes.
The chances are, you will not be able to get a lease car through your average vehicle broker. There are companies that specialise in leasing cars for taxis. In my time at OSV (almost three years) I have only come across one manufacturer that has sent through deals specifically for private hire cars.
However, that’s not to say you can’t. You just have to go through a company that specialises in leasing for taxis.
OSV Limited is an Appointed Representative of Automotive Compliance Ltd, which is authorised and regulated by the Financial Conduct Authority (FCA No 497010). Automotive Compliance Ltd’s permissions as a Principal Firm allows OSV Limited to act as a credit broker, not as lender, for the introduction to a limited number of finance providers and to act as an agent on behalf of the insurer for insurance mediation activities only.
OSV Ltd a Registered Company in England and Wales No: 04533176 and whose registered office is D1 Yeoman Gate, Yeoman Way, Worthing, West Sussex BN133QZ.
VAT Reg No: 946 3911 02 ICO: Z1606144
Finance is subject to status.