Find Your Fleet with Synergy Car Leasing
Growth doesn’t happen overnight, and it certainly doesn’t come without its challenges. You want to spend your time and money where it makes the most impact, not building and managing your fleet. That’s where leasing comes in. In their over 17 years of operation, Synergy Car Leasing have worked alongside countless businesses through their growth journeys, helping to fund their vehicle fleets by means of leasing.
Whether you’re in need of your first company car, or you’re an established business with a growing fleet, you can benefit from leasing. Here are some of the top benefits:
Improve and manage cashflow
Leasing allows businesses to bring on the required assets (vehicles) to do business, while carefully managing cash flow. Synergy match your business to the right finance at the right time, which spreads risk and credit approval. With one fixed monthly payment, it can be especially helpful for businesses who may not have the immediate capital to expend, for example. Established companies may also find leasing a more manageable option, especially where a large fleet is needed.
Low Benefit-in-Kind Tax for employees
Employees must pay Benefit-in-Kind (BIK) tax on any non-financial renumeration from their employer, such as a company car. The BIK tax rate is calculated based on the P11D value of the vehicle, the employee’s income tax band and the CO2 output of the car, but the current BIK tax rate for zero-emission electric vehicles is just 2% for 2022-23 and will remain at this rate until 2025! As opposed to the average diesel or petrol vehicle’s current rate, which can go up to 37%, EVs are a brilliant option for company car drivers.
If you want to take advantage of the low BIK rates, you may also want to consider leasing your fleet using a salary sacrifice scheme. This scheme works by an employer "giving up" or reducing a portion of a worker's gross pay in exchange for a non-cash reward. It's a tax-efficient way to provide your employees with a fantastic value benefit, support your sustainability goals, and could save your company money with lower tax rates and national insurance contributions.
Tailored Sourcing
By leasing with a broker like Synergy, you can choose a brand-new vehicle, configure the terms of your contract to select annual mileage, the length of the contract and the initial rental payment – like a phone contract. Synergy also have access to a range of funders, each offering unique underwriting criteria to suit the individual needs of the client, meaning you get the best possible deal for you. So, there’s a lease for you, whether you need several large commercial vehicles or a couple of small city cars.
Maintenance & Servicing Included
If you don’t want the stress that comes with maintaining your fleet, you can add an optional fixed-cost maintenance package to your lease contact, so you’re covered for maintenance, routine servicing, roadside assistance, and tyres. That means you can avoid any unexpected maintenance costs and frees up your time to focus on what’s important.
No Hassle
Don’t worry about the resale value of the vehicle at the end of the contract, just give the vehicle back by free arranged collection and begin a new contract on a brand-new vehicle if you wish. You don’t need to keep the same contract terms; you can switch it up to suit your needs. Synergy even offer lease contracts from as short as 12 months, so it’s completely flexible.
If you’re interested in finding out more about leasing or think leasing could work for you and your business, get in touch with the team at Synergy Car Leasing who will be happy to assist you. You’re in safe hands.