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What is Short Term Leasing?

What is Short Term Leasing
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What is Short Term Leasing?

What is Short Term Leasing?

It’s pretty simple to be honest, short-term leasing does exactly what it says on the tin! It involves leasing a vehicle for a shorter amount of time than you would traditionally would with a traditional car-leasing contract.

So instead on going to your local dealership and signing up for a 2 or 3 year contract you can lease for as little as 28 days with Cocoon Vehicles.

We know what you’re thinking, there must be a catch, but no there isn’t. You still get all the benefits of a traditional lease however you can return the car at the end of your agreed period and swap into something else. Short-term leasing is a great for those that get bored quickly, those who can’t decide on what type of vehicle to opt for long-term or those that just like the flexibility of being able to change more frequently if desired.

If you’re an employer and you’re considering car leasing for staff members, short-term leasing is a great option. Maybe you have a high turnover of staff and you don’t want to get stuck with a vehicle on lease or maybe you like to offer staff incentives in terms of regular vehicle upgrades dependent upon work performance. There are the other perks too such as the ability to reclaim up to 50% of the monthly VAT (status dependent) as well as offset the leasing costs against corporation tax.

So what’s not to love about Short-term leasing? With as little commitment as 28 days and with prices as low as £199+VAT per calendar month why not give it a try? Call us to discuss your requirements further on 0330 330 9425 or complete for form below.

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