Financing a company car
As an entrepreneur, mobility is a crucial factor that can determine your success. Financing a company car is therefore something that many entrepreneurs consider. In this blog we discuss the benefits of financing a company car and explain why financial leasing could be an excellent option for your company.
Financing the benefits of a company car
- Cash flow management: Financing a company car helps maintain cash flow. Instead of investing a large sum of money at once, financing allows you to spread the costs over a longer period. This makes it possible to preserve your working capital and invest in other important matters.
- Tax benefits: If you choose to finance a company car, you can benefit from various tax benefits. For example, you can benefit from deductions such as investment deduction and interest deduction, which allows you to reduce the total ownership costs of the vehicle.
- Budgeting and planning: Because you pay a fixed amount every month to finance your company car, budgeting and financial planning become a lot clearer. You know exactly what you spend on your fleet every month, without any surprises.
Why choose a financial lease company car?
- Ownership and depreciation: A major advantage of financial leasing is that you immediately become the economic owner of the vehicle. This also means that the company car will appear on your balance sheet and that you will benefit from depreciation, just as you would if you purchased a vehicle directly.
- Flexibility in contracts: Financial lease contracts are flexible in the sense that you can adjust the term and the amount of the down payment to your needs. At the end of the lease period, the company car is yours, but you can also choose to opt for a new financial lease company car at that time.
- No mileage limit: Unlike other lease forms, such as operational lease, financial lease has no mileage limitations. This is therefore ideal for companies that are on the road a lot and do not want to be limited in their mobility.
- Retention of claim-free years: If you opt for a financial lease, you will retain your claim-free years. This means you pay a lower premium for your car insurance.
How does financial leasing work at Bedrijfswagenleasing?
The process of a commercial vehicle financial lease is very simple. You choose the desired company car and we discuss the terms of the lease agreement with you. In the lease agreement we record the term of the contract, the monthly lease amounts and the down payment. Once your lease application has been approved and the contract has been signed, you can collect the company car from our location or choose to have the company car delivered to your home.
Conclusion
Financing a company car offers many advantages, from improved cash flow management to various tax benefits. Financial lease at Bedrijfswagenleasing also offers some additional benefits, such as flexibility in your lease contract, no mileage limitations and the retention of your claim-free years. With the right financing solution, a company car can be a valuable investment that contributes to the growth and efficiency of your company.
If you are considering financing a company car, you can contact one of our leasing advisors. They will help you find the option that best suits your specific situation. With the right approach, the financial burden of a company car can be converted into a strategic investment that helps your company move forward.
The advantages of leasing with Bedrijfswagenleasing
- No annual reports required
- Available from stock
- Delivery throughout the Netherlands