Leasing company cars
28 August 2012
Q: My finance director wants to consider leasing company cars. Some staff are concerned about service quality if we adopt such a policy: the range of cars, replacement schedules, and so on. What other issues should I consider and how can I factor these co
A: Peter Cooke, professor of automotive industries management at Nottingham Trent University, writes: Leasing, or maintenance contract hire, is a means of hiring, rather than owning, your company car fleet – and providing the service to go with it.
For the driver, there will be little, if any difference, to the car being provided....