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Small Business Owners Should Know About The Benefits of Leasing a Car in Manila

by Dillon Patterson Article Publisher

Luxury car leasing is a way for small companies to use top-notch premium cars for business purposes but with lower monthly payments and cost savings over a contract period - typically one to four years. Additionally, there will be an agreed annual mileage for the lease period. In addition to an initial down payment, you pay a monthly lease amount. At the end of the lease period, you hand over the car and get a new luxury vehicle on lease again.

So, if you are wondering if a car lease in Manila, Philippines is the right choice, here's what you should know.

Use a Luxury Car without Affecting Your Bottom line

For a small business, purchasing a prestige car outright can badly hit the cash flow. On the company's balance sheet, this will reflect as a bulk liability which can also affect the ability to get more lines of credit in the future. This can significantly affect the company's bottom line.

On the contrary, a prestige car lease requires substantially lesser money to be invested upfront and enables you to take into consideration a fixed cost for a pre-agreed period of time. That means your cash flow will not get stretched by having to pay thousands of pounds right away. The balance sheet will look cleaner and you will have more money on hand to help your business grow.

Drive a New Luxury Car Every Year

Why spend hefty money on a vehicle whose value will continue to depreciate over time? Rent luxury cars and you will get the fantastic opportunity to ride a new premium car every 12 months. From Mercedes to Audi, from Nissan to Porsche, Bentley, Lamborghini, Rolls Royce or Range Rover - the variety of models to choose from is simply impeccable. At the end of the lease period, simply return the car and get another one with a new lease agreement.

Tax Savings

Owning a luxury car holds immense pride but at the same time, brings with it additional costs and hassles for your small business. One of these extra expenses includes paying hefty taxes every year. This can be a huge liability for companies with limited capital.

But when you join a car lease program for businesses, you would need to pay a fixed monthly lease amount and the fuel cost. Most of the time, this amount is 100% tax-deductible. Under the VAT scheme, lease amounts enjoy up to 50% deductions. And more tax savings will mean more money to leverage for your business.

Create a Lasting Impression

In today's competitive business environment, it is challenging for small companies to cut an edge. Arriving in matchless style to special occasions like business conferences or corporate events can make heads turn in awe and create a strong first impression. You will be regarded among the elites and this can go a long way in growing your business.

Ensure Improved Safety of Your Employees & Better Fuel Economy

With a luxury car lease in Manila Philippines, your business and people can benefit from the safety, reliability and unmatched fuel economy of using the latest makes and models. These premium cars come with high standards of safety features and other amenities that you and your employees can benefit from when travelling for business purposes.

Enjoy Attractive Corporate Car Leasing Offers

Many good car leasing companies offer attractive discounts and special offers on luxury car leasing for businesses in Manila, Philippines. This can further help you save more money on car leasing.

Minimal Hassles of Driving a Luxury Car

Another factor that small businesses should take into account is the minimalist hassle involved with car leasing for their daily purpose. When you lease a luxury car in Manila, the responsibility of maintenance and repairs lies with the leasing agency. All the vehicles undergo strict inspection and periodic maintenance to ensure utmost safety, comfort and reliability before they are handed over to the client.

Additionally, you do not need to take the hassles of selling the car, that too with a depreciating value. Once the lease period ends, simply return the car and start a new lease agreement with another luxury car.

Conclusion

To sum up, small companies opting for prestige car lease enjoy the freedom to use the leased cars for business or personal use but without breaking the bank. It is definitely your best bet if you want to travel in style but without breaking the bank. Top leasing companies have come up with exciting plans that offer you your favourite cars on lease for twelve-month period. Unlike the conventional payment options, you can keep the chosen car for a more extended period of time.

Anis Transport offer budget friendly Cheap Car Rental in Manila Philippines. For private airport transfer or shuttle services for employees, rent our car and van. Self-drive and with the option of driver available.

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About Dillon Patterson Advanced   Article Publisher

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Joined APSense since, July 11th, 2011, From Sarasota, United States.

Created on Nov 11th 2021 09:28. Viewed 331 times.

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