When Real Estate Businesses choose cars to lease for their agents, they have to make sure that the perfect vehicle is picked. With all of the measures they have to follow in this process, they could use an ultimate guide for help. This guide would include a rundown of every decision and step that leads to real estate agents finding the perfect leased car that is suited to their work.

When a vehicle is leased to a Real Estate Business, the perfect lease type will be Business Contract Hire (BCH). The agents use leased cars to conduct their business and make money for the company, thus there are certain perks that come with BCH. There are certain specifications that a car has to have for a Real Estate Agent to successfully go about their business.

There are car leasing companies that guide businesses on the right path when it comes to finding the right car for real estate agents. These companies load car leasing deals according to predetermined comparison criteria so that you can choose the best deal for your business. These criteria can be filtered and altered on car leasing company websites so that you can find the deals that are best suited to your company's needs.

 

Business Contract Hire

This is when the owner or an employee of a business leases a vehicle by way of the business. The business most likely has multiple leased cars in its name. Just like with any other lease, you will have to return the car at the end of the agreed period. These vehicles can be used for purely business purposes, or both business and personal. When the car is used solely for business purposes, taxes are not included in monthly payments. If the leased car is used for personal use as well you will have to pay vehicle taxes, but you can claim half of it back. Due to these tax payment details, business car leases are generally not as expensive as personal car leases. There are added benefits when you decide to lease a car that is more sustainable for the planet, like electric cars and hybrid cars.

Before you can lease a car for your company you have to be approved for the lease first. You will have to meet the requirements of a credit check, and be approved by the company that gives you the money for the lease, most likely your bank. There are other documents that will have to be provided, like the name of the company, its address, registration number, annual turnover, bank statements, audited accounts, proof of identity, as well as the names, dates of birth, and marital status of the company's directors.

 

The Right Car for Real Estate Agents

When it comes to choosing the right car to lease for your business, there are various things that have to be considered. You have to consider what the car will be used for. Choosing the right vehicle will have a significant impact on your business. You have to make sure that your company can afford the type of car you want. If you go over your budget it will have significant financial effects on your business's accounts. Do thorough research on what make and model of car will suit the needs of your company, while also fitting within your financial range. You have to determine the size that you will need the car to be. If the car is too small, or too big, it can backfire on your business. When a car is more fuel efficient it will save your company money, because you won't need to refill the tank that often. You might also want to think about the impact that the type of fuel will have on the environment. When a car is more fuel efficient, it has a smaller effect on the planet. You might even want to consider electric or hybrid cars.

Real Estate Agents spend a lot of time in their cars. This means that the leased car has to be very reliable and have a long lifespan. Due to the amount of time spent on the road, the car has to provide good mileage. Fuel consumption will have a direct impact on the price of the car, which means that a car with lower mileage will cost less. Hybrid and electric cars are also a good choice, not just for money saving, but also for the environment. The car should also have enough space for the agent to transport buyers in the car with them when looking at properties. A mid-sized car with four doors will do just fine. Nicer and fancier cars give good first impressions when they meet possible new clients. This does not necessarily mean that you have to show up in a ridiculously expensive car. Although, this depends on the type of client and what their budget is. You want to impress your client, while also being business efficient. With this in mind, three good options of cars that Real Estate Agents can choose to lease are the Kia Niro, Nissan Ariya, and Toyota Prius.

 

Conclusion

This article gives a summary of car leasing for Real Estate Agents, and an "ultimate" guide to choosing the perfect vehicle for your business. Car leasing and comparison companies are briefly touched upon. Business car leasing, also known as business contract hire, is briefly defined and explained. The documents needed for a business to lease a car are mentioned. The elements that you have to consider when choosing a vehicle to lease for your business are discussed. These elements are then applied to Real Estate Agents, and how they will impact their work. These include vehicle usage, budget, size, fuel type and efficiency, and sustainability.