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should I start leasing?

David’s current car is costing him money. Not only that, it’s unsuitable and unreliable. David fancies the security of contract hiring a car. Should he make the change? Deloitte’s Nigel Morris offers the advice.

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8 December 2006

David Gordon asks should I lease?

David: wants to change

Questions managing director David Gordon

David Gordon is the managing director of an entrepreneurial company called Bamboo Clothing.

It sells clothes made from bamboo under the Bam brand.

David currently drives 12,000 business miles a year.

He owns a 1999 Freelander, which he bought second hand three years ago.

He re-charges his company on a pence per mile basis for business miles travelled.

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Ralph Morton

Ralph Morton

Ralph Morton is an award-winning journalist and the founder of Business Car Manager (now renamed Business Motoring). Ralph writes extensively about the car and van leasing industry as well as wider fleet and company car issues. A former editor of What Car?, Ralph is a vastly experienced writer and editor and has been writing about the automotive sector for over 35 years.

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