The car is going to work hard and will cover 35,000 each year, a mileage that many lease vehicles will cover in a three-year period.
So, when a company needing a new car that will cover a higher mileage than average is considering funding methods, why would we recommend high mileage leasing
Anetic Aid needed to know how much their car would cost each month. If you buy your car, then your depreciation is completely unknown until you sell it at the end of its three or four years, lease it and your cost is fixed, including maintenance and tyres if you include them. One number is all you need to arrange your servicing and any tyres that you need and in most cases the car will be picked up and dropped off again.
You choose the car, the annual mileage and the term that you keep the car for. All of these can be varied to arrive at your ideal budget. If you are VAT registered, then you can claim back some of the VAT on the payments.
During the life of your lease car, you have as a company a responsibility to ensure that it is serviced and maintained so that it is safe to use. With optional maintenance included, your servicing schedule will mostly achieve the standards that are expected to adhere to, with a few safety checks added in, your staffs cars will be safe.
At the end of a high mileage lease, your car is picked up and you have to deal with one person, who inspects it prior to going. No haggling no tyre kickers, no arguments, no dodgy payments.
For us to achieve your ideal deal, this is what we need to know:How long do you want it for?, between two and four years. How many miles per year do you need to cover?. What is your ideal initial payment?. Do you want us to include maintenance in your price.
The Transit Custom is a great drive, Ford really have done a superb job. But, van leasing options are not always as sexy as the new Sportvan. It has been launched at a lower price than its competitors and with superb future values and great supply prices, the Sport is going to be a run away success.
Many van manufacturers have brought new, sporty vans to the market and they have been a success. There seems to be a standard set up and that includes alloys, stripes and sporty exhaust. The Transit Custom is no different.
If you are going to spend all day in a van, lets say in a high mileage lease, then this is the way to go.
Ford have sat the Sportvan on 18 inch alloys, running on low profile tyres. They have included colour coded bumpers and a body kit. Over and above many rivals, Ford have included a camera, a trailer hitching system, a lane-keep system, foglights, cruise control, air-conditioning, heated screen , ESC and ABS.
What Ford have not done is changed the engine and in truth I would rather they didn’t. The Mercedes-Benz Vito with 225bhp and the VW Transporter with 180bhp don’t benefit from the extra power, the Sportvan still drives really well and it is 155bhp after all.
The Sportvan of course maintains all the sensible and well thought out touches that the standard van has, such as a 12 output on top of the dashboard for your sat nav and carriers for multiple bottles. This van also has the best mirrors of any van that I have driven. They are rock steady and really big.
What helps swing the Ford in my eyes is this, it is 10% more economical than the VW Sportline and 20% more economical than the Mercedes-Benz SportX, the VW is £3995 more than the Ford and the Mercedes is nearly £8000 more. Ford wins hands down.
VW have a well-developed range of Bluemotion products. Its their economy department and over the last five years has rolled out some fantastic car, much-loved by the high mileage leasing drivers. The new Mark 7 Golf Blue Motion, the latest from the fold, is most economical Golf that they have ever produced. Not only have they improved build quality but they now have a diesel, not a hybrid, that has an emission figure of 85 g/km and an average economy of over 88 mpg. Even as a person lease car, this car has got to make sense.
Broadly speaking it is capable of close on 1000 miles on one tank of fuel and for business use, time spent at the pumps is down time.
Just a 1.6 litre?
The latest derivative of the 1.6 diesel is now 110 bhp and even though so economical, goes well and will do over 120 mph. The car is quiet to drive and taught as a result of being lowered slightly. It is over 60 kg lighter than its predecessor but more powerful and aerodynamically better, wind noise is negligible, a result of the aerodynamics. VW have added start-stop and battery regeneration charging. It sits on low rolling resistance tyres, which although noisier, save fuel.
Unbelievable tax rates.
As a 40% tax payer this car will only cost you £87.92 a month. The road fund licence is zero, the same as most hybrids but you get to drive a Golf.
Two new hybrid versions of the soon to be announced Mondeo will make up part of the line up. A regular hybrid and a plug in that will be called Energi. The Energi version is hoped to have emissions of less than 50g/km CO2 which undercuts emission requirements in Europe for several years to come. As a company car, the benefit in kind advantages of such emissions and its economy of over 80mpg are going to make the new Mondeo a strong contender. As a high mileage lease vehicle, figures like these will put it head and shoulders above the alternatives.
First tests of the standard Hybrid have reported real life use consumption of better than 65mpg and emissions of less than 98g/km CO2. Yet, the combination of a strong 2.0 petrol motor and the electric drive give the Mondeo a sporty feel in a well sorted chassis. The Energi is a heavier car as it has a larger battery to allow for a 20 mile range on battery only following a plug in charge. As emissions are an average of mixed basket use, the 50g figure is a fair representation.
Expect the new Mondeo at the end of 2014 with launches during the year. This is as much as a year behind schedule, due to factory disputes and production being moved.
Other additions to the engine range will be a 1.5 litre ecoboost petrol with two litre performance. We expect the 1.5 to have better economy and lower CO2 figures than the engines it will replace. Ford have not committed to whether the 1.0 Ecoboost engines will be used. In a Focus of similar mass, the engine is strong but marketing remains an issue.
One confirmed diesel has caught the eye already, a four-wheel drive with a dual clutch six speed auto. To commit to a model of this spec so early in a launch is unusual.
Perhaps I am little biased here; the BMW 5 Series Car Leasing deal is my favourite, even above the Mercedes E Class or Audi A6. I have always been a BMW fan and would easily choose a 3 Series or 5 Series against industry competitors. BMW are a strong, clear and refined brand, appealing to all generations. I don’t think the same can be said of the competitors which tend to polarise more.
The new facelift 5 Series really is one to consider for the company car driver, or even someone looking for a prestige car leasing deal. Take for instance the 520d SE, which offers fuel consumption of 62.8mpg (combined) together with CO2 emissions of 119g/km yet still delivers adequate performance through a punchy 2.0 litre diesel engine. Additionally, the 5 Series now includes a healthy number of standard features including satellite navigation, Bluetooth and front/rear parking sensors. You will simply not go wanting with this car.
Now enter one of our leading fleet customers, House Network, the UK’s biggest and best online estate agent. Although based in Essex, this Nationwide fixed fee estate agent promises to act in your best interests, delivering you the best results for your home. Interested? Fine out yourself by watching the video from House Network at their choosing to instruct page.
House Network’s national field and fleet manager needed a car which complemented their existing eco-friendly fleet. However, CarLease UK’s mandate was that a prestige car was required which met Whole Life Cost expectations but which still had the desired quality and presence. Taking just a small peek at the photos included, I think you will agree that the car is more than pleasing to the eye!
Due to our commitment for strong car leasing rentals, the customer was able to add a number of additional features above and beyond the standard vehicle, all of which were necessary for an annual mileage of 40,000. Part of our strengths here at CarLease UK, are placing customers into the right high mileage car leasing deals, where quality cannot be compromised for price. Sometimes you need a car which is more than just an A to B machine.
We are of course extremely happy that House Network are extremely happy with their new addition to the fleet. In fact, so happy that anyone wishing to use their services can obtain a 5% discount just by quoting “Carlease” with their enquiry!
A recent article on the BBC website, reported an article published by the AA. It highlighted how people are struggling to keep up with fuel price rises. The same trend is being reflected in the car leasing market where private leasing and business leasing choice is driven by miles per gallon and whole of life costs
In Spring this year the OFT raided several large oil companies after suspicions were raised that price fixing was rife in the industry. After four months, the investigation was stopped after no evidence was found. Many have questioned whether this was too soon. At the time, demand for fuel was reduced by 10-20% due to extreme Winter weather, petrol costs at the pumps rose by 10p per litre, this sparked the investigation
Under the Mileage Allowance Payment Scheme, a driver can claim up to 45 pence per mile for the first 10,000 miles of business use of a car. Clearly then, the more economical a car, the better this scheme is for the driver whilst not impacting on the employer
Factors such as this are further pushing demand for so-called eco cars. Hybrids from Toyota and Honda, with rivals to come from Mercedes-Benz and several others are also a reflections of European 2014 regulations for emissions, which go hand in hand with economy
There is no doubt that fuel is not going to get cheaper and eco-cars are going to continue to be the growing market. Where a company has high-mileage lease cars, the savings will prove too tempting to refuse, especially as fuel consumptions are getting lower and lower