News

Posted by LPN on December 5th 2016

Leasepoint Festive Prize Draw!

Leaasepoint news

It is nearly the season to be merry, and as a responsible provider of vehicles, we of course wholeheartedly recommend that drinking should be very seperate from driving.

However, we are sure our customers are looking forward to some well earned down time, just like us, over the festive period, and we would like to provide one lucky recipient with a gift boxed bottle of the world’s finest Rum (according to Roger Whittaker of Leasepoint who confirms this to be not only the worlds best Rum, but perhaps the worlds best Spirit – high praise indeed in his limited experience !!).

Along with the nicely presented gift box, will come 2 glasses specific to this Rum.

Any order placed with us between now and Wednesday December 14th at 5PM, will be entered in to our draw.

We will announce the good news to the winner at 5:30PM on Wednesday 14th December, after which the prize will be promptly dispatched.

zacapa

 

 

Posted by LPN on October 7th 2016

Continued growth for Leasepoint with newly purchased Crewe office.

Leaasepoint news

It’s onwards and upwards for Leasepoint following the purchase and bespoke fit out of their new Crewe office, providing an ideal location to continue expanding the business.

Director Roger Whittaker says of the new location: “We are really pleased with our new office. It is an excellent base for Leasepoint to work from, welcome customers and suppliers to, and attract new staff as we work hard to bring to life our growth plans. We started with a blank page, and with the impressive project management of local multi skilled contractor, Barlows, we re-modelled the interior of the building to perfectly suit our needs”.

Leasepoint supplies car and van leasing, rental, and a range of fleet management services, to business and individual customers throughout the UK. 2016 has seen a 50% growth in revenues, following 6 consecutive years of growth and a very successful addition to our sales team at the start of the year, but the story doesn’t stop here, says Roger: “We have heavily invested in IT recently, to allow significant increases in our processing capability. We have also added a 3rd member of staff to our admin team to make us 7 in total. What is really important to us is bolstering our exceptional level of customer service before we double our sales team and ramp up our sales and marketing efforts in the coming months.”

Roger said they were surprised by the ease of their recent office relocation in late June, from the nearby market town of Nantwich – “We were expecting challenges, especially as we were moving our phone provision away from BT on the same day, yet it ran like clockwork. The fit out completed the day before we moved in, there were no missed calls, and only 90 minutes of staff downtime as we moved from old location to new. Quite a relief!”. We are now settled in and really looking forward to expanding our customer base further”.

NEW OFFICE3

 

Posted by LPN on July 18th 2016

Leasepoint have moved.

We are still shocked at the ease of our recent office relocation, from Nantwich to Crewe in late June. As if moving our small yet growing team was not stressful enough, we thought we would also add the extra dimension of transferring services from BT to a local VOIP telephone provider, on the same day.

We planned everything with military efficeincy, yet we still expected problems!. But, nothing. Not one issue?!. No phone calls missed, and only 90 minutes of downtime for our sales and admin teams, most of which was driving from one office to the other!. So – perfect planning really does prevent poor performance, the saying must be true after all !.

The icing on the cake is that we love our new office. Nantwich is a lovely market town, and Crewe a little more industrial and unattractive so we thought, yet it is a Town that is undergoing huge development, not least to the town, but the road and rail networks too making this a superbly located hub for us to further our growth. Once the high speed rail connections roll out, we will be 58 minutes from London Euston, so our London Satellite office should be opening in around 12 years!.

In the meantime, we have a newly fitted out office, which provides our loyal staff with a clean, bright, and pleasant environment in which to work, and we welcome you along anytime (bar Saturday or Sunday) for a Coffee and a conversation surrounding your vehicle needs.

We hope to welcome you sometime soon!.

We are due to have some pictures taken soon, but in the meantime here is our Leasepoint sign that sits very nicely on one of our newly decorated walls!!:

LP11

foot

 

 

 

Posted by LPN on March 4th 2016

Leasepoint Office Move Update!:

Leaasepoint news

2016 is an exciting year for Leasepoint, and following a fantastic 2015 we have purchased our own office locally in Crewe.

Our new premises provide an ideal platform from which to continue our growth, and provide the perfect environment for our growing staff, as well as a better setting for customers and suppliers to visit us and do business!. We are all really excited about the move, and following receipt of keys next week, we will busy over the next couple of months overseeing the fit out and preparation of our new home.

Crewe is an area undergoing huge development, road network extensions, HS2 rail expansion, and has a vibrant business community. We are looking to promote our move to local businesses to further our customer base, and invest in the operational backbone of our business, so as to ensure the highest levels of service continue as we progress onwards and upwards.

When we are close to moving, we will let you know our new address details, and would love to see our customers, and suppliers, who would be welcome to visit us any time to discuss requirements.

Business contract hire, and vehicle leasing is on the up with businesses throughout the UK, and the changes we are making are all designed to ensure we are sufficiently scalable to adapt, adopt and improve in our thriving market place.

If we can be of any assistance with your car contract hire, van fleet lease needs, or fleet management requirements, please do get in contact.

 

Posted by LPN on February 22nd 2016

Leasing soars in the UK

 

Leaasepoint news

 

During 2015, the use of leases by British businesses soared by 12%, to the highest level in 7 years!. Leasepoint have certainly been busy, and we have welcomed many new business contract hire and finance lease customers during the same time. According to the finance and leasing association, £29.1 billion of leases where taken out in this period, against assets such as IT, Office equipment, and most importantly of course, Vehicle fleets!.

In no small part, the tightening business bank loans market, has pushed many firms to leasing, so as to free up cash flow for business expansion and investment. Businesses are also switching on to considering whole life costs with their vehicle fleets, rather than being fixated with on balance sheet and ownership. Ultimately, business contract hire for cars or vans, and finance lease too, provide simplicity, and in most cases can provide a reduction in overall costs, owing to the access to wholesale discounts that they provide. Not one form of vehicle leasing or finance suits every need though, and a blended approach to business vehicle fleet procurement can result in significant savings over a fixed policy. Often, our customers are smaller fleets without full time fleet management expertise, in house, so we try to bring best practice from larger fleets to companies that run smaller numbers of vehicles.

If you have any business contract hire or finance lease needs, or would like to discuss your company car or van fleet leasing needs, please get in contact with us on 01270 620 760, or via sales@leasepoint.co.uk

 

Posted by LPN on January 19th 2016

What is Business Contract Hire?

 

Leaasepoint news

Business Contract Hire is a credit agreement between a trading business (sole trader, Partnership, LLP, Ltd or PLC) and a finance provider. The finance company owns the vehicle, and the customer pays a set amount per month over an agreed term. Therefore to get the best lease price possible, business customers should take out a contract on cars or vans which either come with very good front end discounts, and/or strong residual values.
There are many benefits to a business in taking contract hire over cash purchase or vehicle finance, not least the lower and fixed monthly costs.
What does Business Contract Hire include?
• Optional full maintenance, to cover; tyres, parts and servicing.
• Road tax.
• Contract terms of 12 to 60 months.
• Tailored payment plans to meet your remit.
• The option to bolt on fleet management support from Leasepoint.
• Easy access to any car or van at wholesale discounts.
The Benefits of Business Contract Hire?
Customers gain several financial and operational benefits from contract hire:
• Better Cash Flow – Your business only pays for the depreciation of the vehicle over the length of your lease. The total cost is much lower compared to taking out finance repayments on a car or buying one outright. This frees up cash for your business to focus on core activities.
• Repayments claimed as a company expense – If the cars or vans you take emit equal to or less than 120g/km of CO2, you can offset 100% of the payments against taxable liability. Even if the CO2 emissions exceed this, you can offset a sliding scale proportion to gain benefit too.
• VAT reclaim – 50% of your VAT on car contract hire payments, and 100% on van or commercial vehicle leasing can be claimed back and 100% of VAT on maintenance elements can be reclaimed too.
• Reduced vehicle administration – The leasing company handles the administration of the vehicle throughout your contract which reduces fleet admin burden.
• Increased return on investment (ROI) – Car Contract hire, and Van Contract Hire, are off balance sheet funding methods, meaning you can deploy your cash where it gets most return.
How can you obtain the best value when you are next looking to take a car or van?:
• Visit our website www.leasepoint.co.uk and request a business vehicle leasing quote for your company car or van leasing remit. We can also help with personal contract hire too. As well as car and van contract hire, we can supply excellent car or van finance lease quotations too.

• Let us know what sort of car or van lease you are looking to take on, we can then promptly supply a company car or van lease quotation for you to review.

• Annual mileage: When requesting a vehicle leasing quotation let us know of the anticipated annual mileage.

• Maintenance – You may wish to self maintain, or perhaps you prefer the smooth cash flow of a fully maintained car or van business contract hire.

• Fleet management. We do not want to simply provide you a business car or van fleet lease deal, we can also help with a range of fleet services to help you run a compliant and safe fleet of company vehicles.

 

Let us know how we can help you, and allow us the opportunity to quote for your next business vehicle leasing need !.

 

 

car offers

 

Posted by LPN on December 16th 2015

2015 comes to a close (nearly!) and 2016 looms large!:

Leaasepoint news

We would like to thank our great customers for their support in 2015. It has been an excellent year for Leasepoint, in which we have seen ~ 25% growth versus 2014, our 5th consecutive year of positive growth in 6 years of providing businesses and individuals throughout the UK with car and van leasing and fleet services. Alas, the summit has not been reached just yet though, we have quite a lot of work queued up just now as part of our continued push in to 2016 and beyond….

Not least, we are in the process of purchasing an office unit in nearby Crewe, a Town with huge investment and re-development in process, along with the HS2 train service to complete in a few years time. We have been looking for a new home over the last 12 months, and having recently widened our scope from Nantwich (our current location) to Crewe, we immediately came across an ideal end of terrace 2 floor office unit on a popular business park that we promptly snapped up!. There will be plenty to keep us busy in the new year, with a number of works to be carried out to ensure we move in to a sparkling new environment from where we can carry out our plans!. To co-incide with the move we are transferring to new telephone and IT systems too, to cater for the new staff we will be taking on to meet our targets, so we shall certainly not be bored!.

So, what has made 2015 so good for us? and how have we continued our year on year growth?. Hard work would be the first answer, along with an uncompromising commitment to providing the highest levels of customer service to business & personal vehicle leasing customers throughout the UK. In addition to company car and van vehicle leasing, we have also increased the number of business vehicles that we look after under our vehicle fleet management service. Company car and van Compliance is of growing importance to business fleets in the UK, and we provide a range of solutions designed to ensure our customers are operating the right controls and fleet management processes. Vehicle inspection reports and online DVLA licence checks are important, as is the provision of innovative and fleet admin simplifying software. We can look after the whole of our customers fleet, whether funded on business contract hire, finance lease, outright purchase, as well as Grey fleet (those drivers in receipt of an allowance to run their own cars.)

Whatever your vehicle fleet leasing needs, we can provide a one stop shop level of support, to simplify both the day to day running of your fleet, as well as to provide an assurance of competitive rates and great service, with any car of van lease provided.

Please contact us if we can assist you in any way with your company car or commercial vehicle leasing needs. sales@leasepoint.co.uk or 01270 620 760.

Have a great Christmas!.

Please also see below our festive period opening hours:

2015 festive

 

Posted by LPN on October 15th 2015

HMRC confirms there are no tax changes for affected VW Group vehicles.

Leaasepoint news

 

HM Revenue and Customs (HMRC) has just confirmed that companies operating Volkswagen Group vehicles fitted with so-called ‘defeat devices’ will not face a rise in company car tax. The confirmation follows news that Volkswagen Group used the software devices to pass official nitrogen oxide (NOx) emissions tests in the US. As a result, Volkswagen has now initiated the recall of 11m vehicles across Europe for remedial work, which it expects to begin in January and conclude by the end of 2016. Fleet operators and company car drivers have now been assured that, irrespective of the outcome of VW’s solution, their cars will not be re-banded for Benefit-In-Kind tax or Vehicle Excise Duty, leaving monthly costs unchanged. A spokesperson at HMRC said: “Company car tax is based on the CO2 emission figures for the particular type of car, shown on either the UK approval certificate or the EU approval certificate. “As the car benefit charge is calculated on the basis of the figures shown on the approval certificates, the tax position for benefit-in-kind purposes remains unchanged.”

The Government also confirmed that drivers will not incur higher Vehicle Excise Duty if their existing vehicles are found to be fitted with the software that manipulated the emissions tests. Irrespective of the outcome of VW’s solution, cars will not be re-banded for Benefit-In-Kind tax or Vehicle Excise Duty. There is currently an ongoing Government investigation into the extent of this practice which will look at whether the software used by Volkswagen is being used elsewhere.

The Department for Transport has written to vehicle manufacturers to seek further clarity and the next phase will include further laboratory and real world testing by the Vehicle Certification Agency. New Volkswagen chief executive, Matthias Müller, told the German press that, if the plans the company has submitted to the country’s transport authority are accepted, then repairs will begin in January and are likely to be complete by the end of 2016.

Volkswagen also said that in many instances a software update would be sufficient, but that some vehicles may also require hardware modifications. In total, nearly 1.2m Volkswagen Group vehicles in the UK are to be recalled, with Volkswagen having a total of 508,276 cars and 79,838 commercial vehicles affected, Audi 393,450, Skoda 131,569, and SEAT 76,773. Volkswagen added that the software in question does not affect handling, consumption or emissions and that affected vehicles are still safe to drive and roadworthy. The company also said that new vehicles with EU6 engines are not affected by the controversy, while all petrol models, as well as V6 TDI and V8 TDI models, are also unaffected.

Online Vehicle Checker

All Volkswagen Group brands involved have now issued online VIN checkers where drivers can identify affected vehicles by entering their VIN numbers online. More details of the Volkswagen VIN checkers can be found here: www.volkswagen.co.uk/owners/dieselinfo the page also contains links for Audi, SEAT and Skoda.

New car orders, with ‘EU6’ latest diesel engines, are unaffected. If you have any queries regarding your leased vehicles which may be affected, please let us know.

 

Posted by LPN on August 20th 2015

Seat launches Leon Technology Business edition

Leaasepoint news

 

Seat has launched a new edition of the Leon aimed at business drivers – the Leon SE Technology Business.

The new model comes with a raft of equipment that aims to support fleets and make life easier for company car drivers including, a technology pack, adaptive cruise control, rear parking sensors and a convenience pack.

Like its fleet-optimised specification, the new model’s powertrain options aims to maximise value for business drivers and fleets – particularly with the new tax regime in mind.

The five-door 1.6 TDI 110PS version emits 99g/km of CO2 and achieves 74.3mpg on the combined cycle.

Its benefit-in-kind (BIK) tax rate is a fleet-friendly 17% in five-door guise and 18% in ST format.

The technology pack, comprising integrated satellite navigation, DAB audio system and LED headlights, was chosen alongside adaptive cruise control and rear parking sensors for maximum comfort and safety.

The convenience pack, consists of automatic headlights, rain sensor and auto dimming rear view mirror.

Seat’s efficient 1.6-litre four cylinder TDI engine resides in the entry-level SE Technology Business model.

Given it produces an 110PS and performance to satisfy the keen driver, its efficiency is all the more surprising – achieving up to 74.3mpg (five-door combined cycle).

Initially available in estate form, the Seat Leon ST SE Technology Business is available to order in either 1.6 TDI 110PS or 2.0 TDI 150PS form, priced from £20,545 (P11D value) or £20,650 OTR.

The order book for the five-door version will open in early 2016.

Balancing increased performance and efficiency, the 2.0-litre turbo diesel engine enables the five-door variant to reach 62mph in 8.4 seconds.

The 150 PS engine can still return 68.9mpg and emit 106g/km of CO2 (five-door and ST).

Strong economy and efficiency is bolstered by predicted residual values; the Leon ST SE Technology Business is expected to be a desirable vehicle for major end-user fleets and small business customers, where a high level of specification and low P11D values are essential.

Peter McDonald, Seat UK head of fleet and business sales, said: “The Leon has spearheaded our fleet sales drive over the last 18 months, but the SE Technology Business takes the model on to the next level when it comes to business use.

“An already remarkable package has been made even more compelling, especially when value is such a key part of the equation, which it inevitably is whether the choice is down to the user chooser or fleet manager.”

 

Posted by LPN on August 7th 2015

Contract Hire tips: End of contract damage charges.

Leaasepoint news

Should you take vehicles on contract hire, then are you clear on what is classed as ‘fair wear and tear’ ?

It is important to assess the condition of your vehicles ahead of hand back. Please click on the below online guide that is very useful and has been created by one of our main funders. This can be viewed via the following link:

https://driver.lexautolease.co.uk/Login/WearAndTearGuide

Our industry trade body, the BVRLA, has worked extensively over the years to ensure that there is a uniform approach to end of contract damage charges, with fairness for you the customer in mind.

If you have any queries relating to the hand back condition of your vehicles, contact us.

 

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