Do I need to be VAT registered?

No. Sole traders, partnerships and limited companies can all lease. VAT registration only affects whether you can reclaim VAT on the rental.

How much VAT can I reclaim?

Typically 50% on a car that is also available for private use, and 100% on a commercial vehicle used solely for business. VAT on a separately itemised maintenance element is usually reclaimable in full.

Are rentals tax deductible?

Rentals are normally an allowable business expense against profit, though part of the rental on higher-emitting cars is disallowed. Your accountant will know the current CO2 threshold.

What does a new company need?

Funders usually want two to three years of filed accounts. Newer businesses can often still be approved with a director guarantee, or by leasing in the director name instead. Ask before you apply.

Can I lease several vehicles at once?

Yes, and it is usually simpler than doing them one at a time. Send the list and we will handle it as a single underwriting exercise rather than separate applications.

Business contract hire

Fixed monthly cost, off the balance sheet risk

Business contract hire fixes what a vehicle costs you each month and leaves the residual value risk with us. No disposal, no auction, no negotiating with a trade buyer in four years time.

Rentals on this site exclude VAT when you browse as a business, matching how they will appear on the invoice.

See business deals Browse vans

What underwriting looks at

Filed accounts, usually the last two to three years
How long the business has traded and its sector
Existing finance commitments across the group
Director credit history, particularly for smaller companies
Whether a personal guarantee is offered

We would rather have an honest conversation first than submit an application that was never going to land.

Popular business deals

Rentals shown exclude VAT.

In stock · 7–10 days

Lamborghini Urus

4.0 V8 BiTurbo S 5dr Auto

6 colours

From

£1,090a month ex VAT

In stock · 7–10 days

Porsche Panamera

2.9 V6 4dr PDK

From

£1,100a month ex VAT

In stock · 7–10 days

Audi RS Q8

RS Q8 TFSI V8 Quattro 5dr Tiptronic

From

£914a month ex VAT

In stock · 7–10 days

BYD Sealion 7

390kW 91kWh AWD Excellence

From

£450a month ex VAT

Questions we get asked

Fixed monthly cost, off the balance sheet risk

Business contract hire fixes what a vehicle costs you each month and leaves the residual value risk with us. No disposal, no auction, no negotiating with a trade buyer in four years time.

Rentals on this site exclude VAT when you browse as a business, matching how they will appear on the invoice.

What underwriting looks at

Filed accounts, usually the last two to three years

How long the business has traded and its sector

Existing finance commitments across the group

Director credit history, particularly for smaller companies

Whether a personal guarantee is offered

We would rather have an honest conversation first than submit an application that was never going to land.

Popular business deals

Rentals shown exclude VAT.

In stock · 7–10 days

Lamborghini Urus

4.0 V8 BiTurbo S 5dr Auto

6 colours

From

£1,090a month ex VAT

In stock · 7–10 days

Porsche Panamera

2.9 V6 4dr PDK

From

£1,100a month ex VAT

In stock · 7–10 days

Audi RS Q8

RS Q8 TFSI V8 Quattro 5dr Tiptronic

From

£914a month ex VAT

In stock · 7–10 days

BYD Sealion 7

390kW 91kWh AWD Excellence

From

£450a month ex VAT

Questions we get asked