What are the benefits of car leasing for a driving instructor?
There are many business advantages to car leasing for driving instructors: • Money management You will have a fixed weekly or monthly bill to pay on your leasing costs, helping you to budget more accurately. • Taxation The full 100% of your leasing payment can be offset for tax purposes. In addition, VAT is reclaimable if you are registered. • Servicing costs By updating your vehicle regularly you should have fewer worries about accidents and breakdowns. However, many leasing companies include servicing costs as part of their contracts. • No resale You dont have to worry about trying to get a good price for your high mileage vehicle when you want a new one instead you can simply pick up a new vehicle lease if you choose at the end of your contract period. • Short term contracts If you are just starting out it may be useful to take out a short term lease so you are not tied down. • Vehicle range Depending on the leasing company you approach you should be able to find a range of vehicles
There are many business advantages to car leasing for driving instructors: • Money management – You will have a fixed weekly or monthly bill to pay on your leasing costs, helping you to budget more accurately. • Taxation – The full 100% of your leasing payment can be offset for tax purposes. In addition, VAT is reclaimable if you are registered. • Servicing costs – By updating your vehicle regularly you should have fewer worries about accidents and breakdowns. However, many leasing companies include servicing costs as part of their contracts. • No resale – You don’t have to worry about trying to get a good price for your high mileage vehicle when you want a new one – instead you can simply pick up a new vehicle lease if you choose at the end of your contract period. • Short term contracts – If you are just starting out it may be useful to take out a short term lease so you are not tied down. • Vehicle range – Depending on the leasing company you approach you should be able to find a ra