Brought to you by Intelligent Car Leasing:
If you run a business in a big city like London or Birmingham, buying a car can be a costly and ultimately, an inefficient way to get around. It can often be faster – not to mention cheaper and more environmentally friendly – to hop on a bus, a train, or even to walk.
But what about those occasions when a car is necessary – perhaps you’re picking up a big client at the airport and you know that first impressions count, or maybe you simply have a few clients you need to visit in areas that are less accessible with public transportation. For businesswomen looking to make their mark, the right car can be as important as the right business presentation or the right logo on a business card in establishing a brand identity.
Working from home? Read our article on how to stay focused
So what’s a woman in business to do at those times when an Uber just won’t cut it but your needs simply don’t justify the cost of buying, insuring, taxing, parking, and running a suitable car? There is a simple solution that balances your needs with what you can realistically afford to spend: lease a car on a business contract. That way, you can drive a new car every year or two without the crippling costs.
For a reasonable rate, you’ll likely be able to secure an impressive looking vehicle in a modern model that effectively communicates your brand to your clients. There are more benefits to driving a fancier car than you could otherwise afford, including not having to worry about regular maintenance as the car gets older since you can just hand it back.
A leased car on a business contract gives you the best of every world: the freedom and flexibility that comes with your own vehicle but without the day to day hassles of car ownership. For many women in business, balancing the books in the early years can be a bit like walking a tightrope. You can avoid the huge outlays of buying a car by choosing the practical compromise of a lease instead.
Traveling for work? Read our top tips for how to stay safe
Did You Know…?
Did you know that there are tax benefits to leasing a car that you should consider? Depending on your needs, intelligent car leasing can actually be a smart financial choice for your business. You can offset the cost of a business-level contract against your corporate tax, and even claim back a portion of the VAT you spend in some countries. You can also claim back a percentage of the mileage and maintenance charges.