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Want to opt out of your company car scheme

Posted by Paul Kelly on October 14, 2011 at 20:42.
Filed under: Articles

With more and more businesses offering a cash allowance for their employee’s and taking away the company car, it’s never been a better time to consider Car Leasing

If like many people and have been driving a company car and been offered a cash alternative I would seize the opportunity with both hands.

But before we do that lets go over a few things to help you make the right choice

Here are a few things to consider

• Price of the vehicle

• Running costs which includes servicing and wear tear items such as tyres

• Fuel efficiency

• Road fund license and Insurance

All the above would have been taken into account by the company before and now it’s up to you to make the right choices.

This is where car leasing or contract hire as its known can save you a fortune, with car leasing, prices are fixed for the duration of the contract, all cars are brand new with full dealership warranty

All cars will be taxed for the duration of the contract, with 1000’s of cars to choose from there will be a car to suit both your preference and budget

If your looking at helping the environment you can lease one of the many new eco friendly cars available which will save you money, not only on fuel running costs but on road fund license and if you live in a congestion zone area this can be free too with the right car

personal car leasing is the most popular choice when it comes to opting out for a cash for cars allowance

With brand new cars from just over £100 per month contract hire will save you money

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