BMW are well-known for good designs, comfort and workmanship which is reflected in their vehicles strong resale value which makes them great value for car leasing.
Latest figures show that BMW car leasing is increasing as more organisations are contract hiring cars as opposed to purchasing them.
Reasons why businesses favor BMW contract hire to purchasing are highlighted below.
Low initial payment - Many corporations are not always able to make a large capital initial payment, which is were BMW car leasing takes away the problem because only a small initial deposit is usually requested from the finance company.
At the present time loads of corporations choose not to buy vehicles; particularly during a credit crunch, that is why BMW contract hire is an ideal low price option with a small first installment.
Reliability makes BMW the perfect option for a company car with an abundance of models to select from whether it be the small 1Series or the luxurious 7 series. With a BMW lease consumers can change their cars on a regular basis, round about every 2 to 3 years without the possibility of depreciation while removing any car disposal problems.
Vat registered organisations may reclaim a part of the vat charged on top of their monthly BMW contract hire payments.
Vehicle savings - as the finance organizations can recoup Vat on qualifying vehicle acquisitions which lowers their capital outlay, passing the benefit on to reduce the consumers' monthly payments.
Prestige low cost motoring - BMW contract hire provides customers the chance to run a luxury vehicle with a small initial deposit and the security of fixed cost motoring when taken with maintenance.
TAX benefits - A lot of the BMW vehicles have low CO2 emissions, which translates into Tax savings for both business owners and their workforce.
Online trouble free - with plenty of web-based leasing organizations advertising thousands of contract hire special offers a customer can reduce admin time as well as find a fantastic BMW car leasing deal without going to a BMW dealers showroom.
Overall flexibility - consumers may have several options at the end of the contract based on the finance agreement, these include hand the car back and start again with another vehicle contract hire agreement, apply for an extension on the current contract or find out if the leasing company is willing to sell the customer the vehicle.
Business and Personal car leasing are excellent funding solutions for BMW car leasing, enabling consumers to obtain a luxury automobile within a reasonable monthly budget.
Author Resource:
To arrange a BMW lease or BMW contract hire visit 1st4contracthire.co.uk.
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