In 2015, fleet and business registrations hit an all-time high of 1.4 million according to figures by SMMT, accounting for 54% of all new registrations last year. Here at Nationwide Vehicle Contracts, business car leasing is as popular as ever with sole traders, partnerships and SMEs taking advantage of a wide range of lease deals on company cars and vans.
From a business perspective, there are many benefits to leasing versus buying a car outright or with a bank loan. With a lease deal, companies can concentrate on their core activities while avoiding the financial risk and administrative burden of owning their vehicle or fleet. Contract Hire is also a popular option with VAT registered companies as they can claim back 50% of the VAT for the supply of the vehicle.
Business lease customers have a specific set of needs when it comes to choosing a company car. While price and stock availability remain important, BIK tax rates (benefit-in-kind), P11D values and day-to-day running costs are also key considerations. But with more than 500 car models to choose from, what company car is right for you?
Nationwide Vehicle Contracts take a look at the most popular company cars leased with us in 2015 to help you find the right company car to suit your budget and needs.
With its low CO2 figures, low cost BIK tax rates and improved fuel economy, it is no surprise that the Nissan Qashqai tops our list of Top 10 Company Lease Cars, accounting for 20% of company car lease sales in 2015.
The new Nissan Qashqai 1.5 dCi N-Connecta is worth checking out thanks to its CO2 emissions of 103g/km, company car tax BIK rates from 18% and combined fuel economy of up to 74.3 MPG. Add to this a sharp new design, advanced technology and a generous specification as standard and you can’t go wrong.
View our latest business lease offers on the Nissan Qashqai with prices starting from just £172.95 + VAT a month.
Following closely behind the Nissan Qashqai is the dynamic and highly efficient Mercedes-Benz A-Class.
With its strong residual values and excellent build quality, the Mercedes-Benz A Class boasts the looks, power and performance expected of a Mercedes-Benz but with the added benefit of low running costs, low BIK tax rates and improved fuel economy.
The Mercedes-Benz A Class A180d SE is most popular choice with company car drivers thanks to its impressive combined fuel consumption of 80.7 MPG, CO2 emissions of 89 g/km and company car tax BIK rates from 16%.
Check out our latest lease offers on the Mercedes-Benz A Class with prices starting from just £185.95 + VAT a month.
Taking a worthy third place in our Top 10 Company Lease Cars list is the revamped and refreshed Vauxhall Corsa.
With CO2 emissions from just 85 g/km, company car tax rates from just 16% and a combined fuel consumption of up to 88.3 MPG, the Vauxhall Corsa delivers all the money saving benefits you need from a company car without sacrificing on style or performance.
Check out the super-efficient Vauxhall Corsa 3 Door 1.3 CDTI (95) ecoFLEX SRi for the best mix of power and economy.
Lease the new-look Vauxhall Corsa with Nationwide Vehicle Contracts with prices starting from just £95.95 + VAT a month.
Following closely behind the Vauxhall Corsa, is the Ford Focus - the first of three Ford models in our Top 10 Company Lease Cars list.
Refreshed in 2016, the new Ford Focus looks as good as its drives, with a great range of lease options for company car drivers including the Ford Focus 1.5 TDCi 120 Titanium with its combined fuel economy of 74.3 MPG, CO2 emissions of 99g/km and company car tax BIK rate of 17%.
Find a great business lease deal on the Ford Focus with Nationwide Vehicle Contracts with prices starting from £153.95 + VAT a month.
Our fifth most popular company lease car in 2015 was the Qashqai’s older brother – the Nissan X-Trail.
Available with 5 or 7 seats and with 2WD or 4WD, the Nissan X-Trail combines Nissan’s 4x4 Heritage with class leading crossover design for a bolder, more confident fleet vehicle. Fuel economy figures aren’t bad either with CO2 emissions as low as 129g/km, a combined fuel consumption of up to 57.6 MPG and company car tax BIK rate of up to 23% on the Nissan X-Trail 1.6 dci Visia.
Lease the Nissan X-Trail with Nationwide Vehicle Contracts with prices starting from just £163.95 + VAT a month.
The UK’s best-selling car takes sixth place in our Top 10 Company Lease Cars based on lease sales from 2015.
Compact, stylish and packed with the latest technology, the Ford Fiesta is a popular lease choice with business lease customers due to its low monthly cost, generous specification and low running costs. The Ford Fiesta 1.5 TDCi Titanium 5 Door is particularly worth a look with its low CO2 emissions of 94g/km, combined fuel economy of 78.5 MPG and company car tax rate of 16%.
View our latest lease offers on the Ford Fiesta with business lease rates from £114.95 + VAT a month.
The Volkswagen Golf remains a popular lease choice for company car drivers thanks to its high-build quality, impressive safety features, high levels of comfort and great drive dynamics.
The Volkswagen Golf Bluemotion is the most economical Golf ever produced with the 1.6 TDI 110 diesel model delivering a combined fuel consumption of 83.1 MPG, CO2 emissions of 89 g/km and company car tax rates from 16%, all thanks to VW’s engine improvements, longer gear ratios and smaller yet aerodynamic 15-inch alloy wheels.
Check out our latest company car deals on the Volkswagen Golf with prices starting from £186.95 + VAT a month.
The Ford Kuga is Ford’s third model in our Top 10 Company Lease Cars list, winning over company car drivers with its striking SUV style, spacious interior and generous standard specification.
One of the most popular lease models for company car drivers is the Ford Kuga 2.0 TDCi 150 Titanium 2WD which returns a combined fuel economy of 60.1 MPG, CO2 emissions of 122g/km and a company car tax BIK rate of 22%, as well a generous standard specification including Ford’s SYNC2 system with 8” Touchscreen, partial Leather trim and 17” 10-spoke alloy wheels.
Lease the Ford Kuga with Nationwide Vehicle Contracts with business lease rates starting from £187.95 + VAT a month.
Taking the penultimate spot in our Top 10 Company Lease Cars list is the quirky Nissan Juke.
Refreshed in 2014 boasting a newly designed front and rear, the Nissan Juke has always been a popular choice with personal lease customers but thanks to improvements to the dCi 110 engine, is now a popular lease choice with company car drivers.
The high-spec Nissan Juke 1.5 dCi Tekna stands out from the crowd thanks to its combined fuel economy of 70.6 MPG, CO2 emissions of 104 g/km and company car tax BIK from only 18%.
View our latest business lease offers on the Nissan Juke with prices starting from £125.95 + VAT a month.
Finally, taking the final spot in our Top 10 Company Lease Cars list is the Mitsubishi Outlander PHEV.
Offering significant advantages over other SUVs in the market including ultra-low CO2 emissions of just 42g/km and reduced company car tax BIK rates from 5%, the Mitsubishi Outlander PHEV is a popular lease choice for business users. Add to this a combined fuel consumption of 156 MPG and the Mitsubishi Outlander PHEV is a no-brainer when it comes to your next company car.
Check out Nationwide Vehicle Contracts’ latest lease offers on the Mitsubishi Outlander PHEV with prices starting from £241.95 + VAT a month.
Looking for your next company lease car? Visit Nationwide Vehicle Contracts for exclusive lease deals especially for sole traders, partnerships and SMEs.