Ford van business leasing & fleet

The benefits of Ford Commercial Business Leasing

Ford Business Leasing can be a popular option if you need to drive a Ford van or commercial vehicle and don’t necessarily want to commit to buying it outright. A business lease – officially known as Business Contract Hire (BCH) – is a way of acquiring the use of a brand new Ford van for a business to drive without having to find the capital investment to purchase it. 

It’s a lease deal, with an initial fee followed by fixed monthly payments spread over the length of the agreement. The finance provider remains the owner of the vehicle, so this won’t be reported as a liability sum on the company balance sheet, either.

For a business, this brings benefits. For relatively low up-front costs, your business can equip its employees – whether that’s a small number of staff or a fleet of drivers – with the newest Ford van models, fitted with the latest technology, driving and safety features. It’s a flexible form of finance; after the agreement concludes, a business can then consider a fresh BCH on a brand new Ford van/vans.

If the business is registered for VAT, there are tax benefits, too, as it can reclaim the VAT paid on monthly payments. This can be up to 100% if the vehicle is used completely for business purposes, but even if an employee uses their vehicle for personal driving too, 50% of the VAT can be claimed back.

Some Ford van leasing deals may offer servicing and maintenance packages too. Though these will naturally increase the overall price of the lease plan, some businesses may consider it a worthwhile investment to ensure the upkeep of the vehicles are being taken care of by Ford-trained Technicians. Especially if the business depends heavily on the performance of the leased vans.

Enquire now