Saturday, July 28, 2012

BVRLA publishes Guide to Vehicle Funding | Fleet Directory News

The British Vehicle Rental and Leasing Association has published the latest edition of its vehicle funding guide to help businesses exploring their fleet funding options.

Available now from the BVRLA?s website, the Guide to Vehicle Funding has been produced taking into account tax changes from March?s Budget and to help fleet bosses choose the most appropriate way of financing their vehicles.

Readers can compare the key features and accounting treatments of different funding methods including contract hire, finance lease, contract purchase, hire or lease purchase and outright purchase.

BVRLA Chief Executive John Lewis said: ?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.

?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.?

Dan Rees from Deloitte, which helped produce the guide along with Peugeot, said: ?Various changes to tax rules have meant that there can be a big difference between the least and most expensive options, which is accentuated by the financial position of the acquiring company and the type of vehicle.

?We recommend checking the financial comparison between buying or leasing a fleet car, particularly if this hasn?t been reviewed for some years.?

Click here to view the guide.

See also:

  • BVRLA issue new driving at work guide
    June 4, 2009
  • New taskforce to challenge ?unfair? company car tax changes
    July 23, 2012
  • ACFO teams up with BVRLA, FTA and ITM
    June 18, 2012
  • RAC guide to perfect paintwork and a polished interior
    May 25, 2012
  • ?Serious price cuts? needed to wake-up flawed electric van market, says BVRLA
    March 16, 2012
  • MoTs are here to stay; Brake and BVRLA comment, IAM highlight A-road risk, Greenfleet ?Arrive-n-Drive? at Rockingham and top driving tips?
    February 3, 2012
  • Free event to demonstrate low carbon vehicles? fleet benefits
    January 19, 2012
  • ACFO champions fleets with Olympic seminar, BVRLA gives plug-in van grant the thumbs-up and as TfL open bus lanes to motorcyclists
    January 18, 2012
  • BVRLA?s guide to 2012, ABD suggest alternative for ?32b pot earmarked for HS2 and IAM give us top tips on saving fuel and money?
    January 14, 2012
  • BVRLA and IAM welcome ?common sense? red tape cuts
    December 15, 2011

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Source: http://www.fleetdirectory.co.uk/fleet-news/index.php/2012/07/27/bvrla-publishes-guide-to-vehicle-funding/

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