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Business car finance

All the latest articles about business car finance – from finance lease and contract hire considerations to manufacturer specific service packages for SMEs.

Woman blowing up a balloonWhat is a finance lease?

Story: Ralph Morton | Posted 3 March 2015

  IF you’re a small business looking at different ways to fund your firm’s company cars, then there can be a confusing number of different leases about. Confused by leasing jargon? Don’t be! Use our straight-talking Jargon Buster to turn industry-speak into straight English. Click here for our Jargon Buster. What are they? How do… Read more…

Queens HeadHidden employer benefits of salary sacrifice cars revealed

Story: Debbie Mountford | Posted 15 January 2015

AS most of the UK’s population has now put the Christmas and New Year festivities well behind them, Fleet Evolution has revealed insight into hidden employer benefits of salary sacrifice cars. Fleet Evolution has compiled data to show that 80% of new cars are given to employees who have never owned a new vehicle Find… Read more…

Automobile Manufacturers' Association (ACEA)Put commercial vehicle customers first, says ACEA

Story: Paul Myles | Posted 8 January 2015

The three ACEA pledges: Make the customer the best industry regulator by improving access to information. Take full account of the complexity of the commercial vehicle market, not currently reflected in a one-size-fits-all approach. Foster partnerships between all stakeholders in order to double the annual potential of CO2 reduction. COMMERCIAL vehicle customers have been promised… Read more…

Andy Gruber from AlpheraAlphera reports continued record-breaking performance for 2014

Story: Tom Watts | Posted 29 December 2014

THE car finance and insurance subsidiary of the BMW Group, Alphera Financial Services, is reporting another record-breaking year. Despite the continuing downward pressure from the captive finance new car segment, it has been another incredibly strong year for Alphera According to Alphera director Andy Gruber, the company, which specialises in Personal Contract Purchase (PCP) finance… Read more…

TurkeyNo turkeys for Bernard Matthews

Story: Debbie Mountford | Posted 5 December 2014

Bernard Matthews Farms has opted for Pendragon Contracts’  ‘Simplydriveit’ salary sacrifice scheme, in an effort to improve its existing employee benefits package. there is a range of cars that are intended to motivate employees to choose models with lower emissions The ‘Simplydriveit’ scheme focuses on cars capped at 110g/km Co2 emissions and also P11D values,… Read more…

Benoit Dilly of Arval hands over the 100,00th funded vehicle to Jadon Silva of Homserve.Arval reach 100k funded vehicle milestone

Story: Martyn Collins | Posted 21 November 2014

ARVAL have announced that for the first time they have reached the 100,000 funded vehicle mark in the UK, following a strong year of growth and a diverse range of clients ranging from SMEs with one or two vehicles to large corporates. Over the past couple of years, Arval have introduced some new customer-focused initiatives that… Read more…

Paul, Parkinson, SynergyQuality and service from Synergy Automotive

Story: Debbie Mountford | Posted 21 October 2014

LEASING companies with a strong online presence and high level of visitors usually ensure that prices are kept keen – this is because if the prices are too high when the visitor first reaches the site, they will probably navigate away just as quickly. Many leasing companies who gain a lot of their business through… Read more…

Vehicle Savers, new office, HuntingdonVehicle Savers expand operation with new premises and website

Story: Debbie Mountford | Posted 29 September 2014

POST-RECESSION, many small businesses and SME companies have been turning to leasing to fix their motoring costs. Contract hire, a form of financing company cars by leasing them over a set period and mileage, is more popular than ever. One small fleet leasing company that has not only weathered the storm but expanded their operation… Read more…

Mike, Waters, ArvalBuying popular for small fleet operators

Story: Paul Myles | Posted 17 September 2014

UK SME fleet operators are atill buying instead of leasing their company vehicles and could be making a huge mistake. That’s the conclusion drawn after new research by the Corporate Vehicle Observatory (CVO) Barometer by contract hire and leasing provider Arval which claims small businesses are exposing themselves to unnecessary risk and extra costs by buying…. Read more…

SEAT_Leon_Ecomotive_reviewTax and fuel efficient cars still top with fleet decision makers

Story: Edward Stephens | Posted 7 August 2014

Tax and fuel efficient cars are still the number one choice among fleet decision makers, according to new research just published. GE Capital’s latest quarterly Company Car Trends shows that CO2 ratings again tops the criteria list of businesses. Along with “fitness for purpose” and “maximum monthly rental”, whether a car is tax and fuel… Read more…