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Many companies and employers have scrapped company car schemes and have opted to pay their employees a Car Allowance. This benefits the company by removing the “Whole Life Costs” of operating and administrating a company car. For the employee it removes any tax liabilities.
Employees who opt for the Car Allowance have a number of ways of getting a car using this cash alternative. Many opt to take the vehicle out on a PCP (Personal Contract Purchase) some opt to purchase and old banger out of Autotrader. However, more and more people look at taking a Short Term Car Lease to fill their car requirements.
Many of our customers who have opted for the Car Allowance don’t want to commit themselves to a 2/3 year deal or even a finance agreement, so a short term car lease is ideal.
This could be for many reasons, but the main one given is Brexit and market uncertainty, in both their employers sector or with the car market. Especially with the pending changes to do with Electric cars and alternative fuel cars such as Hybrids.
We’ve got a couple of different offerings from flexible car leases, to long term car hire, to car subscriptions or fixed contracts between 5 and 12 months.
Most Car Allowance customers will take a flexible contract, this allows the customer to take the car for a minimum term of 28 days, best prices are from 90 days or more. The cars can be kept up to 12 months without being swapped and the majority include maintenance.
If you opt for a longer term lease down the line, we can run the flexible car right up until the delivery of your new wheels!
There are many benefits to short term car leases and our flexible car lease range, but to give you a bit more information on these, please click on the link below to find out which solution works for you.
Flexible Short Term Car Lease from 28 days
From £669.00 plus VAT per month*
Flexible Short Term Car Lease from 28 days
From £399.00 plus VAT per month*
Complete the form below and make sure that you complete the required fields marked with * – Our team will come back to you within working hours. If your enquiry is urgent, please call the team on 0330 330 9425
Short Term Car Leasing Ltd t/a Cocoon Vehicles Ltd (06113683) is authorised and regulated by the Financial Conduct Authority (711074). We act as a credit broker not a lender. We can introduce you to a limited number of lenders who may be able to offer you finance facilities for your purchase. We will only introduce you to these lenders. We may receive a commission payment from the finance provider if you decide to enter into an agreement with them. You may be able to obtain finance for your purchase from other lenders and you are encouraged to seek alternative quotations.
If you would like to know how we handle complaints, please ask for a copy of our complaints handling process. You can also find information about referring a complaint to the Financial Ombudsman Service (FOS) at financial-ombudsman.org.uk
Complete the form below and our team will be in touch with a no obligation quotation.
0330 330 9425