Business or Personal Lease?
As a leading vehicle leasing company in the UK, Lookers Vehicle Solutions offers a range of flexible and competitive leasing options for both personal and business customers. We understand that choosing between personal and business car leasing can be confusing, so we have outlined the key differences between the two options below:
Ownership
With personal car leasing, the individual does not own the vehicle and simply leases it for a fixed term. In contrast, with business car leasing, the company or organisation owns the vehicle and leases it to its employees.
VAT
In business car leasing, companies are able to claim back the VAT (Value Added Tax) on the monthly lease payments, which is not possible with personal car leasing.
Mileage restrictions
Personal car leasing agreements typically come with mileage restrictions, which can vary depending on the lease agreement. In business car leasing, the mileage restrictions may be higher or more flexible, as the vehicle may be required for business travel.
Payment structure
Personal car leasing payments are usually made on a monthly basis, whereas business car leasing payments may be made quarterly or annually.
Maintenance
In personal car leasing, the individual is responsible for the maintenance and upkeep of the vehicle. In business car leasing, the company may take on this responsibility and include maintenance and servicing as part of the lease agreement.
Tax implications
Personal car leasing payments are typically not tax-deductible, whereas business car leasing payments may be tax-deductible if the vehicle is used solely for business purposes.
Why Lookers Vehicle Solutions?
At Lookers Vehicle Solutions, we offer a range of features and benefits for both personal and business leasing customers. Here are some of the reasons why you should choose us:
Range of vehicles
We offer a wide range of vehicles for lease, including cars, vans, and pickups, from various manufacturers. This means that you can choose the vehicle that best suits your needs and preferences.
Flexible lease terms
We provide flexible lease terms, ranging from 24 to 60 months, with the option to customise mileage and maintenance packages to suit your individual needs. This means that you can tailor your lease agreement to your specific requirements.
Personal and business leasing
We provide both personal and business leasing options, with a dedicated team to assist businesses with fleet management. This means that you can choose the leasing option that best suits your situation.
Competitive pricing
We aim to provide competitive pricing for our leasing services, with a price-match guarantee for like-for-like quotes. This means that you can be sure that you are getting the best value for money.
Additional services
We provide additional services such as insurance, breakdown cover, and accident management, to help you manage your vehicle more effectively. This means that you can have peace of mind knowing that your vehicle is covered in case of any unexpected events.
Customer service
We aim to provide excellent customer service, with a dedicated customer service team available to assist with any queries or issues. This means that you can rely on us to provide you with the support you need throughout your leasing journey.
We are committed to providing flexible and competitive leasing options for both personal and business customers, along with additional services and excellent customer service. We understand that choosing between personal and business car leasing can be confusing, so please don't hesitate to get in touch with our team if you have any questions or need further guidance.