BUSINESS
Guide to business car leasing
Whether you’re looking for a single vehicle for yourself as a sole trader or a whole fleet for an SME or larger business, we’ve got you covered at Flexed.
With hundreds of vehicles to choose from and a whole host of items included in your lease, it’s never been more convenient or easy to get your business the right vehicles for the job, whether it is a fleet of cars or vans you are looking for.
Mercedes-Benz GLA
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What is business car leasing?
Business car leasing is a financial arrangement where a company rents vehicles from a leasing company for a fixed fee, usually monthly or annually, rather than purchasing them outright.
Under a typical lease agreement, the business pays for the right to use the vehicle for a predetermined period and a set mileage allowance, after which the car is returned to the leasing company. This approach allows businesses to access vehicles without the large upfront capital investment that is typically required for ownership, however, the lessee is typically responsible for routine upkeep and insurance.
How it works
When you take out a business car lease with Flexed, you’ll go through the following easy and convenient process:
Step One: Get your quote
Tell us what you’re looking for and we’ll help you find the right vehicle. View our cars online or call us on 0800 311 8290. We’ll then email your quote, excluding VAT.
Step Two: Apply & get approved
Happy with your quote? Complete our quick 5-minute online application form. Our in-house credit team will review your application and set up your account.
Step Three: Secure your vehicle
Once approved, make your payment to secure your vehicle(s). We’ll allocate a registration number and arrange your paperwork.
Step Four: We’ll get you on the road
We’ll prep and valet your vehicle(s), then arrange delivery or collection. You’ll receive your documents and your new car will be ready to drive!
Key Benefits
The advantages of Business car leasing
We make car leasing simple at Flexed. If you’ve decided that a short-term car lease is for you, then we give you two simple options for choosing your car.
Low, fixed monthly costs
With business car leasing, the amount you’ll pay each month will be low and affordable compared to the large one-off expenses associated with buying a vehicle or fleet of vehicles outright, or the costs of using alternative financing methods. This gives you stronger monthly cashflow and frees up capital for other areas of your business.
No depreciation or resale worries
With leasing, the depreciation risk is taken on by the leasing company so you won’t have to worry about losing capital from depreciation over time, and there’s no need to worry about the hassle of the vehicle resale either.
The tax advantages
Business car leasing comes with some useful perks relating to tax. Lease costs can generally be deducted against profits, and VAT can be reclaimed if you’re VAT registered, leading to noticeable savings.
New vehicles
With business car leasing, the vehicles you’ll be working with will be either brand new or less than a year old in the vast majority of cases, meaning that you and your employees will benefit from all the latest safety and technology features.
More time to focus on your business
When you run your business leasing arrangements through an experienced car leasing company, you’ll be able to spend more time working on your business and less time worrying about fleet procurement and management.
The flexibility
Leasing offers great flexibility for your business; at Flexed you can change your vehicle(s) as often as you like after the initial 28 day period is up. No matter your circumstances, you’ll be able to adapt your fleet to your businesses’ evolving needs.
Why Flexed?
We’ve been championing both business and personal lease customers since 2013, having being aware of the rigid, unhelpful leasing contracts that used to feature prominently in the UK leasing landscape. Our contracts only have a minimum period of 28 days, and after this period has lapsed you can cancel, swap or change your vehicle with no extra charges.
We have a fleet of over 2000 highly maintained, modern vehicles and have plenty of different vehicle types and manufacturers in stock meaning plenty of choice for our customers. We turn around our vehicles quickly; if your chosen vehicles are in stock we’ll have them ready for you in a matter of days.
All of our standard 28-day agreements include 15,000 miles per annum (calculated pro-rata daily), manufacturer warranty, road tax, maintenance, breakdown cover and roadside assistance.
If you need additional miles, our agreements can go up to a maximum of 25,000 miles per annum!
Electric
Electric car leases for your business
Flexed makes it simple to add electric vehicles to your company fleet without the capital investment of ownership. Our electric car lease deals are tailored for businesses of all sizes, from small startups to large enterprises looking to reduce their carbon footprint and operating costs.
With a Flexed EV lease, you gain access to the latest models from leading manufacturers, maintenance and breakdown cover, and the flexibility to upgrade as battery technology and your business needs evolve. Whether you’re switching to electric for sustainability goals or to take advantage of lower fuel and tax costs, leasing is a great way to acquire environmentally friendly vehicles for your fleet.
Search
Browse Brands for business leasing
We stock a variety of brands that are very suitable for business leases and fleets, such as:
Audi
A range of Audi lease deals
BMW
A wide variety of BMWs
Mercedes
Premium vehicles from Mercedes
Volkswagen
Vans and more from Volkswagen
Volvo
Premium 4×4 offerings from Volvo
Search
Browse by car type
Medium
For general business use
Estate
For additional space
Electric and hybrid
For environmentally conscious businesses
Premium
For that extra something
Vans
For commercial use
Interested? Please feel free to give us a call on 0800 311 8290 to talk to a member of our friendly team – we’re always on hand to help.
FAQs
Frequently Asked Questions
Hidden
Due to the big savings and age of our Outlet vehicles, delivery and collection aren’t available nationwide. But don’t worry — you’ll get a full handover and walkthrough when you collect your car directly from us in York.
Is a business car lease tax deductible?
Yes, business car lease payments are generally tax deductible for UK companies and self-employed individuals. You can claim the full monthly lease cost against your business profits, provided the vehicle is used exclusively for business purposes. However, if you use the car for personal use, you’ll need to apportion costs accordingly. It’s advisable to maintain detailed records and consult your accountant to ensure compliance with HMRC guidelines on business vehicle expenses.
Can a sole trader get a business lease car?
Sole traders can indeed lease a business car. Leasing companies typically require proof of business registration, trading history of at least two years, and satisfactory credit checks. Self-employed individuals may need to provide additional documentation such as accountant references or business bank statements.
Is leasing a car for business better than buying?
Whether leasing or buying suits your business depends on usage patterns, cash flow, and depreciation considerations. Business car leases offer lower monthly costs, include maintenance and repairs, and provide flexibility to upgrade vehicles regularly. Buying requires substantial upfront capital and leaves you exposed to depreciation and resale risks. Leasing works well for businesses with high mileage or changing vehicle needs, whilst purchasing may suit those wanting long-term asset ownership. Tax implications differ for each option, so comparing the overall financial impact based on your specific circumstances is a good idea.
How to qualify for a business car lease and what documents are needed
You’ll need to present several documents to qualify for a business lease:
- Bank statements
- Audited accounts
- Proof of address and proof of ID for the main company director
- Credit checks will also need to be carried out as part of the process.
As part of the credit check, the car leasing company will also need to be able to determine whether your business is a limited entity, and access to business registration details will also be required.