About business car leasing

A business car lease or business contract hire is the most affordable way of driving a brand new car whether you’re a limited company, sole trader or a partnership. A business lease gives you fixed low monthly payments and an affordable and flexible initial payment to do what’s right for your business.

As payments are fixed, you can budget around your lease. As you don’t own the vehicle, you avoid vehicle depreciation worries - simply return your vehicle and take out your new business lease. Your business lease delivery and collection are also free of charge to mainland UK.

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Business leasing deals of the day

Browse our selection of business leasing offers or see all manufacturer lease deals.

Business car leasing manufacturers

Vehicle Contracts has close business relationships with a huge selection of car manufacturers to offer business leases in the UK.

How to get a business car lease

The process for taking out a business lease is quick and simple

  1. Choose a car and specification that's right for you
  2. Choose the contract details - mileage, length, upfront fee, etc.
  3. Sign the paperwork and send us your documents
  4. Take delivery of your business lease on your agreed date and enjoy your brand new vehicle
  5. Return your vehicle and take out your new lease deal

Benefits of business leasing

A business lease has many positives for both employers and employees:

  • Fixed monthly cost - as costs are fixed for the duration of your contract, you know exactly what’s coming each month allowing you to budget
  • Reclaim VAT - a VAT registered businesses can claim back 100% of the VAT for cars for sole business use and 50% for business and personal use
  • Enhanced cash flow - you don’t have to pay out a considerable amount upfront like you do when buying a car, affecting your cash flow
  • Maintenance included - maintenance can be included to cover you for servicing, maintenance and tyre replacement
  • Save money - as cars are depreciating assets which typically lose around 60% in the first few years of ownership, you avoid losing money
  • Drive a brand new car every few years - you hand back your vehicle at the end of your lease and take out a new one meaning your staff have the latest vehicle with up to date safety features

Why choose Vehicle Contracts for your business lease?

Established in 1999, Vehicle Contracts have developed strong working relationships with car manufacturers and finance companies to provide you with the most competitive business lease deals.

Thanks to over 20 years in the leasing business, we can provide expert advice to help you find the perfect lease for your business at the right price.

Business car leasing FAQs

A business lease is a lease agreement that’s taken out between a leasing company and a business. To take out a business lease you must be a limited company, a sole trader, a partnership, a limited liability partnership or a VAT registered company.

A standard business lease between 24 and 48 months, however, some 12-month leases are also available.

A personal and business lease is essentially the same, however, prices are cheaper for a business lease as VAT can be reclaimed at 50% or 100%, depending on use. You’ll have to provide a few more documents when taking out a business lease but other than that, they work in the same way.

Visit our leasing special offers for the latest car lease deals or browse our business leasing manufacturers

Yes, Vehicle Contracts offer flexible fleet leasing from two cars to as many as you need with incentives like pool mileage amounts.

Business lease deals are cheaper than personal lease deals because VAT registered businesses can claim back 50% VAT for personal and business use and 100% for sole business use.

To take out a business lease, you must company must be one of the following:

  • Limited company
  • Sole trader
  • Partnership
  • Limited liability partnership
  • VAT registered company

You’ll need to provide some business details and documents including director’s details, business account details, account statements, VAT returns and other applicable details.

Salary sacrifice is a benefit employers give to their employees that’s cost-neutral for the business. An employee takes out a lease through the company payroll and has the money taken off their salary in order to benefit from reclaiming 50% of the VAT.

Business contract hire is just another name for a business lease.

For further car leasing advice, contact us or visit our leasing FAQs.