Car Lease News Today » businesses

Macquarie Offering Honda Lease Australia

admin — Mon, 27 Dec 2010 14:43:13 +0000

It has been announced that Macquarie will offering Lease within its Honda dealerships throughout Australia. This is a partnership that will allow Macquarie to offer many financial services to help the Honda buyer and leasing customers.There is ahope that this help Hond customers throughout, especially Honda car lease . A small article published by Automotive Business news.

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VAT and Car Lease

admin — Tue, 16 Feb 2010 15:06:36 +0000

Many choose car lease because it keeps money in the business and there are some benefits of claim vat back as well as other costs. But there are rules that determine what amount of VAT you can claim back, for example do you use your lease car for work or both work and pleasure.

The difference is being able to claim back 50% of VAT of 100%. The simplest way to figure out is your company car for business or both is, where is your lease car parked at night? If you or an employee takes that vehicle home at night, it will be declared as a vehicle used for both personal and business use even if the car is parked and brought back to work. This is because the journey to and from a fixed place for work, is deemed as personal use.

It is important to find out what your VAT liabilities and benefits are before entering any car lease or contract hire deal, as many liabilities are in place to ensure the company car does not become a free perk.

You can find out more from the Governments own pages on company cars and VAT

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VAT Rise In January Will It Affect Business Lease

admin — Thu, 03 Dec 2009 18:12:53 +0000

For VAT registered businesses the reaturn from 15% to 17.5% should not make any difference, considering they should be able to claim the vat back on monthly payments if the CO2 emmission of the car is low enough. But there may be a question on how the current price increase of cars in general 2.5% more, will effect the motor trade as a whole and the underlying residual values of the vehicle you may be wanting to lease.

Car lease prices are not seperated from the private buyer. In better words is there are plenty used cars to go around, then residual values drop and so monthly car lease premiums go up. If there is a shortage of used cars the opposite occurs. The availability of used cars is directly erlated to the sale of new ones and the amount of trade ins the dealerships get to dispose of.

In simple terms if the increase in VAT slows down new car sales again, it is likely that used prices will remain high or even rise further, pushing down car lease premiums.

For private lease searchers there may be no benefits, as private purchases have to pay full vat and so monthly premiums are set to rise. but business owners may get an even better deal on business lease should new sales slow down again. Of course the scrappage scheme has been extended so, this will stimulate new car sales, but we are finding it is the cheap korean cars that are benefitting the most form this, not the typical Audi, BMW executive market.

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Broker and Dealerships

admin — Sun, 15 Nov 2009 13:38:09 +0000

There is 2 ways to buy car lease, either direct from the official brand dealership or from broker. Both can have different benefits depending on the deals at the time. You would assume that the car dealersip who buys the cars would and should always have the best car lease deals, but that isn’t always so. Often a car lease broker can buy a car from the same dealership add his commission and then get a finance comapny to underwrite certain cars cheaper than the main dealer. Often this is because dealerships are controlled by national conditions and prices and have to use certain finance companies to get kick backs, where the small broker company can find finance cheaper and pass those deals on to the consumer. It is ironic that some main dealers will lend out cars to brokers for shows and business fairs.

However when a main dealer wants to deliver a lease deal, they often then can’t be beat. After all they have the ability to reduce the retail price of the car first, then throw in cheaper serviceing etc, however for some makes this rarely happens. There are certain makes though, that have too many cars in storage and the dealers are instructed to give whatever deal they can to assure sales, in this case brokers struggle to be competitive.

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Leasing For Driving Instructor Training

admin — Mon, 05 Oct 2009 08:49:59 +0000

There are several reason why you might want to lease a car in business, but sometimes the vehicles you lease play a greater part in its sucess rather than just driving around salesmen or directors. One such business is the new fashion of driving instructor training, where you learn the skills to teachs others to drive, one such school is based in Teesside called Clearway. Having new modern cars to do this training, not only helps with the brand and image of Clearway, but having modern cars with lower fuel emissions can keep costs down too.

The car chosen to to driving instructor training is the same models these qualified teachers will lease to teach their students when they have passed their exams and are qualified is the Citroen C3. Clearway have these all painted in the correct colours to represent the brand. They chose a local Citroen C3 car lease supplier to purchase the cars, and because they lease in great quantities get a good deal and have access to local servicing etc.

You need to be careful with lease deals when yo may cover some serious mile n the vehicle you lease. make sure that you dont under estimate your milages or you could end up with a hefty final bill.

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