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.
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