Search
Close this search box.
Sign up for our weekly Newsletter

SMEs still won’t lease

45C_carleasingbroker246x155
Car brokers: ideally placed to help small businesses

Share

17 October 2014

A car broker helping a small businesses
According to Arval, the sub-10 car SME fleet is still keener on buying rather than leasing company cars

WE’RE not sure whether all small fleet leasing companies would agree with this, but according to Arval the small sub-10 car SME fleet is still wedded to the idea of buying company cars rather than leasing.

Arval’s findings in its most recent state of the nation report says small businesses with fewer than 10 employees buy rather than lease.

“Smaller businesses don’t seem to have the same appetite to lease their company vehicles. Leasing provides an additional credit line which many aren’t taking up,” commented Arval’s Mike Waters.

Running a vehicle for business?

Don't leave yourself out of pocket - a guide to what you can claim.

However, companies such as small fleet leasing specialist Fleet Alliance, winner of the Small Fleet Leasing Company of the Year 2013 are projecting another record year with new vehicle orders increasing by more than 45% in the first six months of the year.

Are you a small business wanting to lease?

Read our story on Five things to consider before you contract hire.

Share this article

Facebook
Twitter
LinkedIn
WhatsApp
Reddit
Email

Want more motoring news?

Sign up here for our free weekly serving of motoring.

Sign up here for our free weekly serving of motoring.

Latest news

Top