Citygate Leasing specialises in providing flexible, affordable and efficient business contract hire solutions for company cars.
A company car is a vehicle an employer provides to an employee for business and/or personal use. It's usually provided when the employee has a need for a car, to travel frequently for business at different locations. Typically, this could be a salesperson, business development manager, or employees who perform manual work at different sites - such as engineers, social workers or delivery drivers.
This list isn't exhaustive, as company cars are needed by a variety of different employees. At Citygate Leasing, we're here to assist with your business needs when it comes to company cars.
As a company car helps an employee conduct their role as easy as possible, whilst having a car for personal use at the same time - there are costs to both the employer and the employee.
You can find the P11D value and the CO2 emissions for each vehicle on the specific lease page for the vehicle you are interested in. The company car tax bands can be found here.
Due to the low Benefit in Kind (BiK) tax on electric vehicles (EVs), at 2% for the 2024/2025 tax year, EVs are significantly more cost-effective for use as a company car compared to a combustion engine or hybrid vehicle.
On top of these tax savings, EVs can be cheaper to run - especially if you offer EV charging at your workplace or the employee has access to charge their vehicle from home. Maintenance on an EV is also simpler than that of a comparable petrol or diesel vehicle, meaning it's often cheaper to keep your employee on the road with an EV.
Whether you're looking for compact cars, executive vehicles or versatile vans, we can help you find the right one.
At Citygate Leasing, we are committed to helping you find the perfect leasing solutions to support your business. Whether expanding your fleet or upgrading your current vehicles, our team is here to provide guidance and support every step of the way.
Contact Us to learn more about our company car leasing options and how we can help your business grow.