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17th Aug 2018 - Leasing Order Process - 1: Choose a Cheap Car Leasing Deal 2: Apply for Finance 3: Place an Order 4: Take Delivery
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Business Vehicle Leasing - Key Information

TFS Vehicle Leasing are specialists in offering a professional and reliable business car leasing services to small, medium and large business or organisations. Servicing an expanding list of high profile clients since 2009 gives TFS Vehicle Leasing a wealth of knowledge and experience within the business world of vehicle leasing and fleet management.

You will receive a full end-to-end broker service from helping you to choose the right business vehicle to arranging a suitable finance option and ensuring your chosen car or van is delivered safely to you in the best acceptable condition.

Unlike many other leasing brokers, TFS Vehicle Leasing actively work alongside your growing requirements, offering solutions to benefit your business and managing your expanding fleet of vehicles through its nationwide network of stock vehicles and affiliated maintenance, repair and accident vehicle replacement services.

Rest assured you can take away the hassle of managing your fleet by delegating the responsibilities of your business vehicles in the safe and trusted hands of the TFS Vehicle Leasing team.

If you understand the different finance leasing options you can jump straight into searching for the cheapest business car leasing deals we have available or take a look at our practical business lease vans that will help you deliver a better service to your customers.

Special deal
Business contract hire Citroen C3, Hatchback
Citroen C3 Hatch
1.2 PureTech 82 Feel 5Dr Manual
£92.39 + VAT monthly rental
£1108.68 + VAT initial rental
Business contract hire
Contract term: 24 months
Rental profile: 12 + 23
Annual mileage: 8000
1.2 litre Petrol Manual
+ compare
Special deal
Business contract hire Nissan Juke, 4x4
Nissan Juke SUV
1.2 DIG-T 115 Bose Personal Edition 5Dr Manual [Start Stop]
£135.61 + VAT monthly rental
£1220.49 + VAT initial rental
Business contract hire
Contract term: 48 months
Rental profile: 9 + 47
Annual mileage: 8000
1.2 litre Petrol Manual
+ compare
Special deal
Business contract hire Mercedes-Benz A Class, Hatchback
Mercedes-Benz A Class A200 Hatch
2.1 d 136 Sport Edition 5Dr Manual [Start Stop]
£156.20 + VAT monthly rental
£1405.80 + VAT initial rental
Business contract hire
Contract term: 48 months
Rental profile: 9 + 47
Annual mileage: 5000
Diesel Manual
+ compare
Special deal
Business contract hire Mercedes-Benz GLA, 4x4
Mercedes-Benz GLA GLA180 SUV
1.6 122 Urban Edition 5Dr Manual [Start Stop]
£199.99 + VAT monthly rental
£1799.91 + VAT initial rental
Business contract hire
Contract term: 36 months
Rental profile: 9 + 35
Annual mileage: 10000
1.6 litre Petrol Manual
+ compare
Special deal
Business contract hire Mercedes-Benz A Class, Hatchback
Mercedes-Benz A Class A180 Hatch
1.5 d 109 Sport 5Dr 7G-DCT [Start Stop]
£179.99 + VAT monthly rental
£1619.91 + VAT initial rental
Business contract hire
Contract term: 24 months
Rental profile: 9 + 23
Annual mileage: 8000
Diesel Automatic
+ compare
Special deal
Business contract hire Volvo V40, Hatchback
Volvo V40 Hatch
2.0 T2 122 Momentum 5Dr Manual [Start Stop]
£135.25 + VAT monthly rental
£1217.25 + VAT initial rental
Business contract hire
Contract term: 18 months
Rental profile: 9 + 17
Annual mileage: 8000
2 litre Petrol Manual
+ compare
Special deal
Business contract hire Nissan Qashqai, 4x4
Nissan Qashqai SUV 2wd
1.2 DIG-T 115 N-Connecta 5Dr Manual [Start Stop] [Pan Roof]
£171.71 + VAT monthly rental
£1545.39 + VAT initial rental
Business contract hire
Contract term: 48 months
Rental profile: 9 + 47
Annual mileage: 8000
1.2 litre Petrol Manual
+ compare
Special deal
Business contract hire Ford Fiesta, Hatchback
Ford Fiesta Hatch
1.1 Ti-VCT 85 Zetec 5Dr Manual [Start Stop]
£126.72 + VAT monthly rental
£1140.48 + VAT initial rental
Business contract hire
Contract term: 48 months
Rental profile: 9 + 47
Annual mileage: 8000
1.1 litre Petrol Manual
+ compare
Special deal
Business contract hire Audi A5, Coupe
Audi A5 Coupe
1.4 TFSI 150 Sport 2Dr S Tronic [Start Stop]
£245.13 + VAT monthly rental
£2206.17 + VAT initial rental
Business contract hire
Contract term: 48 months
Rental profile: 9 + 47
Annual mileage: 8000
1.4 litre Petrol Automatic
+ compare
Special deal
Business contract hire MINI Hatch, Hatchback
MINI Hatch II Cooper
1.5 136 5Dr Manual [Start Stop]
£135.02 + VAT monthly rental
£1215.18 + VAT initial rental
Business contract hire
Contract term: 48 months
Rental profile: 9 + 47
Annual mileage: 6000
1.5 litre Petrol Manual
+ compare
Special deal
Business contract hire MINI Hatch, Hatchback
MINI Hatch II Cooper
1.5 136 5Dr Manual [Start Stop] [Chili]
£160.34 + VAT monthly rental
£1443.06 + VAT initial rental
Business contract hire
Contract term: 48 months
Rental profile: 9 + 47
Annual mileage: 6000
1.5 litre Petrol Manual
+ compare
Business contract hire Toyota C-HR, 4x4
Toyota C-HR
1.8 VVT-h 122 Excel 5Dr CVT [Start Stop]
£250.82 + VAT monthly rental
£1504.92 + VAT initial rental
Business contract hire
Contract term: 36 months
Rental profile: 6 + 35
Annual mileage: 10000
1.8 litre Petrol/Electric Hybrid Automatic
+ compare


Finance Options for Business Vehicle Leasing

There are a number of options you can consider when looking into business vehicle leasing. Each option differs very slightly from one another and we have highlighted the key points to help you differentiate the reasons why they would suit your requirements with optional extras offered within our service packages should you need them.


Business Car Leasing

A simple and cost effective way to fund any number of vehicles

Business Car Leasing, sometimes referred to as Contract Hire or an Operating Lease, is a long term rental agreement. Our cheap business car leasing deals range from 12 to 60 months and are tailored to the businesses requirements.

Key Benefits

  • Minimum capital expenditure
  • Accurate monthly budgeting
  • Improved cash flow
  • Fixed interest rates
  • Rentals can be offset against the businesses profits. Cars with a CO2 output above 130g/km are currently subject to a 15% disallowance on the amount of the rental that can be claimed against the businesses taxation, for contract-hired cars with a CO2 output of 130g/km or below, there is currently no disallowance.
  • Reduced administration
  • On-going advice and support
  • Road Fund Licence provided (vehicle excise duty paid) for duration of contract
  • Optional maintenance package
  • Optional breakdown rescue cover
  • Optional replacement vehicle cover in event of breakdown
  • Optional GAP insurance which provides cover for the shortfall between the outstanding finance and the insurance value if the vehicle is declared a write-off by your insurance company

Important things to consider

  • Early termination can be expensive
  • If you do more miles than stated in your contract you will be charged excess mileage for each mile over that stated in your contract
  • You must look after the vehicle and return it in a well maintained condition otherwise you will be charged for any damage over and above that stated in the 'Fair Wear and Tear Guide'
  • You must have fully comprehensive vehicle insurance
  • You will never own the vehicle as there is no option to buy it

Useful Information on Business Car Leasing

The Leasing Company reclaims the VAT on the original purchase, which reduces your monthly rentals (which are + VAT). Contract Hire is a very popular choice for VAT registered companies as they can claim back 50% of the VAT on the finance element for cars and generally 100% for commercials (subject to no private use, no exempt turnover and not being on the Flat Rate VAT Scheme).

On contracts with maintenance the VAT on the service element is 100% recoverable. One of the major benefits is that there are no disposal worries as the future value is underwritten by the leasing company. Another benefit of Contract Hire is that it is generally 'off balance sheet funding' (subject to legislation change) which means it can improve your gearing ratio (assets to borrowing ratio) and therefore possibly your borrowing ability in the future.

Find the cheapest business car leasing deals available on a range of lease payment terms and allowances.


Business Contract Purchase

Contract Purchase (CP) is a type of finance agreement for business customers looking to fund a new vehicle in a manageable way.

The monthly payments are not subject to VAT, however if you do take out the optional service package then you will have to pay VAT on the service costs.

Key Benefits

  • Low initial payment•Fixed monthly payments
  • You may be able to refinance the OFP
  • No depreciation concerns if you wish to walk away at the end
  • Maintenance and servicing can be included
  • Fixed OFP when you first take the contract out
  • Cost effective

Important things to consider

  • You will have to make a decision at the end of the contract as to whether you wish to sell the vehicle, return it or keep it
  • You must have fully comprehensive vehicle insurance

Useful Information on Business Contract Purchase

CP is ideal for any business that would like options at the end of its finance agreement. CP customers make an initial payment when they first take out the contract, then pay fixed monthly payments and finally have an Optional Final Payment (OFP) at the end at the end of the contract which is also referred to as the GFV (Guaranteed Future Value).

You can trade-in your vehicle at a dealership and take another vehicle from them. If the trade-in value is larger than the OFP you will be able to use the difference towards a deposit on a new Vehicle. Or, you can simply return the vehicle to the funder, as long as you have not exceeded the mileage and the vehicle is in an appropriate condition for its age there will be no charge. Finally, you can keep the vehicle either by paying the OFP in full or you will find that most companies offer the opportunity to re-finance the OFP.


Finance Lease

Finance Lease is a popular funding option for commercial vehicles or vans where Contract Hire is not always suitable or the best option.

Your business uses the vehicle while paying a rental rather than a repayment. The monthly rental is determined by the initial cost of the vehicle (excluding VAT), the period of the finance lease and the residual value (the estimated future value of the vehicle at the end of the finance lease period once depreciation is taken into account), plus interest.

Key Benefits

  • Minimum capital expenditure
  • Accurate monthly budgeting
  • A fixed interest rate is available on some contracts
  • No damage recharge as you are responsible for disposal of the vehicle
  • Finance lease is a very popular choice for VAT registered companies and businesses as they can claim back 50% of the VAT on the finance element for cars and generally 100% for commercials (subject to no private use). On contracts with maintenance the service element VAT is 100% recoverable
  • Rentals can be offset against the businesses profits. Cars with a CO2 output above 130g/km are currently subject to a 15% disallowance on the amount of the rental that can be claimed against the businesses taxation, for cars with a CO2 output of 130g/km or below, there is currently no disallowance
  • Reduced administration
  • On-going advice and support
  • Optional full maintenance package with breakdown rescue cover
  • Optional GAP insurance which provides cover for the shortfall between the outstanding finance and the insurance value if the vehicle is declared a write-off by your insurance company

Important things to consider

  • You will never own the vehicle as the vehicle must be sold to a third party as the end of the agreement
  • Operating risk associated with the vehicle
  • Interest rates can vary on some contract
  • You must have fully comprehensive vehicle insurance

Useful Information on Finance Lease

Although you never take ownership, at the end of the finance lease contract a payment equivalent to the residual value is payable. Usually this means that the vehicle is sold and a proportion of the proceeds of the sale are returned to the lessee.

Most finance lease companies will offer a number of payment options to suit your cash flow. You can lower the monthly rental with a balloon payment at the end of the contract, or you can pay the entire cost in monthly rentals (normally referred to as a fully amortised Finance Lease), in which case you may be able to extend the finance lease with a secondary rental (sometimes called a peppercorn rental).

Find the most suitable business car lease deals from our extensive range of vehicles available in stock and apply for finance today.

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