Total Motion is encouraging UK motorists to consider leasing as a convenient and money-saving alternative to vehicle ownership.
The vehicle management company says leasing, rather than buying, is a great way of “future proofing” and it is an option which works well for businesses and private motorists.
Simon Hill, director at Total Motion, said: “There is a lot of uncertainty in the market at the moment with no-one knowing exactly what impact Brexit will have on UK car sales.
"We don’t yet know how leaving the EU will affect the euro and what that will mean for UK car imports.
"By leasing their vehicles, businesses and private motorists can lock themselves into a fixed deal, so they can be confident that their motoring costs won’t increase, whatever happens post-Brexit.
"Effectively it’s “future-proofing”, a bit like taking out a fixed-rate mortgage.
"For businesses who are VAT registered, leasing offers a big tax incentive too, as they can claim back 100% VAT on their car maintenance costs.
"Businesses are better able to plan their budgets, and their fleet is serviced as part of their leasing contract.”
Bob - 19/04/2017 11:57
How can it be "future proofing" when BiK tax is rising year-on-year. Quite the opposite for employees (and employers due to Class Ia NI increases). This could have been written 15 years ago 😒