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New company vehicle guide released

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Aug 1 2012

A new digital guide has been released to help companies decide how to finance their vehicle purchases.

The Guide to Vehicle Funding has been published by the British Vehicle Rental and Leasing Association (BVRLA) to assist businesses in getting to grips with the sometimes complex decisions they face.

Produced in association with Peugeot and Deloitte, the business advisory firm, the guide incorporates all the tax changes made in the Chancellor's latest Budget.

The digital publication compares the pros and cons of funding methods such as contract hire, car leasing, and contract purchase.

"Credit is not as easy to find as it used to be, but locating independent information about different funding methods is almost as great a challenge," said BVRLA chief executive, John Lewis.

"With companies focusing so hard now on the whole-life cost and tax-efficiency of their fleets, it is more important than ever to choose the right type of vehicle finance. This publication is a good starting place for any business exploring its fleet funding options."

Phil Robson, fleet sales director at Peugeot, added: "We are seeing growing fleet demand for our vehicles, which have a great whole life cost proposition. This guide will help make fleet buyers better informed, which can only be a good thing."

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