Dispelling the Myths of Leasing
At a recent industry Expo many businesses and sole traders were questioned who currently drive their own vehicles for business. During the 3 days we were asked questions about driving on business, the differences between buying and leasing and what the risks were if employees were driving their own vehicles. The same questions were asked many times and it was realised that vehicle leasing is often shrouded in myths.
Here we’ll dispel some of those myths and give you the facts about vehicle leasing for your business:
Myth 1: “If I do more than 10,000 miles per year I can’t lease a vehicle, can I?”
This is not the case – leasing offers a wide range of options covering both mileage and length of contract and the ability to re-contract your mileage or contract term if your circumstances change.
Myth 2: “I buy my vehicles as leasing is more expensive”
This is not true, MBC Leasingl can provide extremely competitive pricing against all cars and vans, leasing also means that you can be fully protected from the volatile second hand vehicle market.
Myth 3: “I drive a van, leasing is just for cars, isn’t it?”
Leasing covers vans too, up to 3.5 tonnes and we can get you the right racking/specialist equipment fitted too.
Myth 4: “Leasing products are tied to a few vehicle manufacturers so I can’t get any vehicle I want?”
No, MBC Leasing have access to over 20,000 makes and models from all manufacturers
Myth 5: “I have 3 people who drive their own cars to visit customers and make deliveries. This means that I don’t need to worry about the vehicles doesn’t it?"
Driving at work is covered by the Health and Safety at Work Regulations so it should be regularly assessed as you would any other activity. Your staff can drive their own vehicles but it’s important to demonstrate that you have taken reasonable steps to ensure the driver and vehicle is safe and legal.