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About business car leasing
Business leasing essentially means renting a vehicle for an agreed amount of time, typically 2-4 years, for a fixed monthly fee. If you are sourcing vehicles for a growing business, business leasing can be a far more cost-effective option than purchasing outright.
Road tax is included within the monthly fee, and delivery of your new vehicle is free of charge. You also have the option to add maintenance to your leasing contract, which covers the cost for any servicing or replacement tyre needs.
Depending on your specific needs, there are many business leasing options available, each with its own set of benefits and factors to consider for your business.
Why choose Alphabet?
When it comes to your business mobility needs, Alphabet is the partner you can count on – no matter the size of your company, industry you operate within, or your bespoke fleet requirements. As experts in every aspect of business mobility, we're here to guide you through the ever-evolving landscape, providing the solutions, services, and unwavering support you need to succeed.
Our expertise spans the full spectrum – from award-winning customer service and innovative electric/hybrid fleet options to comprehensive fleet administration and management. We navigate the complexities of modern mobility, freeing you up to focus on your core business.
With decades of experience under our belt, we're uniquely positioned to offer smart, flexible, and reliable mobility solutions that make life easier for both decision-makers and drivers. Informed by our unparalleled mobility know-how and bold, outside-the-box thinking, our offerings are designed to make your business more attractive, efficient, competitive, and sustainable.
When you partner with Alphabet, you gain a true mobility ally – one that's with you every step of the way, empowering you to achieve your goals through better, smarter transportation. Let us be your guide to better business mobility.
What our customers say about us
"I would recommend Alphabet to anyone looking for a lease company as service is key"
Karen Turner Sales Team Support Manager Whitecroft Lighting
“Despite having a relatively small fleet of vehicles, I am always impressed by the care and attention we receive from Alphabet to ensure that our needs are met."
Andy Chambers Fleet Manager & Director of Services, UK Mirion Technologies (CANBERRA UK) Limited
"I've had a good service with them. For once a company who actually wants to help."
5-star Trustpilot review
"Great experience with the Alphabet team. Easy to contact and very useful and prompt when help was needed."
5-star Trustpilot review
Frequently asked questions
Contract Hire (also referred to as ‘Operating Lease’) is a specific form of vehicle leasing. It's a long-term rental agreement that provides you with a vehicle for a fixed length of time and mileage.
Under a Contract Hire agreement, you pay a set monthly rental in return for the use of the vehicle. The rental cost is calculated based on several factors, including the type of vehicle, the length of the contract (term), the agreed mileage, and the estimated residual value of the vehicle at the end of the contract.
When your contract comes to an end, you can either return the vehicle to us, or extend your contract if you want to keep using it.
Contract Hire is a popular way of funding company car and business fleets.
Easy budgeting and better cashflow
With fixed monthly costs you always know where you are financially, so your business can benefit from accurate budgeting and improved cashflow.
Low financial risk
The costs of ownership, like unexpected maintenance* or unpredictable resale values, rest with us so you can plan ahead with confidence.
Tax and balance sheet benefits
With Contract Hire you may be able to reclaim VAT on monthly rentals and even take your fleet off your company balance sheet.
Reduced capital expenditure
Buying vehicles is a significant business cost. Contract Hire can help you avoid that outlay and free-up capital that you can invest elsewhere to move your business forward.
Save time, hassle, and resources
Managing your fleet is quick and easy. Using our dedicated online tool, everything you need to configure, quote, order and more is at your fingertips.
*This only applies if you have chosen to include our maintenance package at the start of your contract.
Contract Hire payments are tax-deductible, suiting to the below criteria:
- You can claim back 100% of the VAT on your rental payments if the vehicle is solely used for business purposes. If the vehicle is also used for personal journeys, then you can only claim 50% of the VAT.
- You can offset 100% of the cost of the vehicle depending on the vehicle's emissions. For vans you can offset 100% of the cost, regardless of the emissions.
- You can claim 100% of the VAT, and offset 100% of the cost, against your tax bill.
Your business car lease includes extras that take the hassle out of vehicle ownership. An Alphabet lease covers things such as road tax, so you don't have to worry about paying that yourself. You also get breakdown cover, so if your car ever needs emergency assistance, you're taken care of. And the car comes with the manufacturer's full warranty, so any issues with the vehicle are covered. Delivery of your car is also included, so you pick the time and place, and we'll bring the vehicle straight to your door.
If you want even more peace of mind, you can add a maintenance package to your lease for an additional fee. This covers things like regular servicing, tyres (excluding sidewall tyre damage), minor damage repairs, and fixing any little dents or scuffs. It's an easy way to ensure your business car is always running smoothly, without having to think about the costs. Overall, a business car lease gives you a hassle-free driving experience, with lots of extras included to make running your business as easy as possible.
If you stay within the agreed contract limits and return the vehicle to Alphabet in a reasonable condition at the end of your contract, you'll have nothing more to pay.
Take a look at the BVRLA Fair Wear and Tear guidelines for more information.
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Download the Alphabet App
Our free driver Alphabet App, gives you access to a host of features and tools that make managing your vehicle quick and easy, without the need for paperwork.
Download today for hassle-free vehicle management.
