Lease or buy

Lease or buy

1. Leasing

   Costs With leasing, you don't own the vehicle. You're just paying to use it for a fixed period. Your predictable monthly costs include taxes, insurance, repairs, maintenance and tyres. The only additional out-of-pocket cost? Fuel.

   Flexibility Leasing requires you to commit – with contracts ranging from 2 to 5 years. But every time you renew, you can pick out the latest model. And because you don’t buy the vehicle upfront, you can free up capital for other business needs.

   Convenience Leasing frees up time to focus on your core business. Once you sign the contract, all you need to worry about is paying a monthly fee. We’ll take care of the admin, maintenance and more. Plus share insights on how to make the most of your lease vehicles.

2. Buying

   Costs When you buy, you pay the initial cost of the vehicle. You’ll also need to budget for regular costs like insurance, taxes and annual maintenance. Plus cover irregular expenses like repairs, tyres, petrol and more. The good news? When you sell the car, the money is yours to keep.

   Flexibility Buying a company car or van means you can choose whatever you like! Make, model, colour or custom fittings – your budget is the only limit. You can also buy or sell whenever you like.

   Convenience When you own your vehicle, you can use it however you like. But you also need to make time for additional tasks. Like administration, reporting and making appointments for maintenance and repairs.