Volvo business leasing & fleet
Business leasing can be an excellent option, providing the chance to drive a brand new Volvo. Also known as Business Contract Hire (BCH), a Volvo business lease plan is suitable for different types of businesses and companies – from those looking for a fleet of vehicles to sole traders.
Explore Volvo business leasing
Volvo business lease with Mon Motors
For businesses looking to provide employees with a new Volvo without the upfront cost of purchasing the vehicle – or vehicles – outright, a Volvo business lease offers a simple solution. Also known as Business Contract Hire (BCH), this type of type of Volvo finance agreement enables a business to lease a new car for a set period of time, typically between 12 and 48 months.
There’s no commitment to buy the leased vehicle, or option to do so, either. BCH is just a straightforward lease agreement, making it an attractive choice for organisations seeking predictable monthly costs, access to the latest Volvo models, and the flexibility to refresh their fleet regularly. Whether the vehicle is needed solely for work duties or as a company car for both business and personal use, a Volvo business lease can provide the perfect solution.
At our Volvo showroom in Cardiff, our dedicated Corporate team is on hand to guide businesses through every stage of the leasing process. With their expertise, you can find the right solution to suit your needs, with competitive offers available across our full range, including the Volvo EX40, EX90, and XC60.
The benefits of Volvo business leasing
A Volvo business lease is an appealing type of car finance. It can be a cost-effective form of Volvo car finance; while there may often be an initial rental payment this figure will be much lower than paying for a brand new vehicle. The finance provider remains as the owner of the Volvo, so it’s not reported as a liability sum on the business’ balance sheet – a big benefit.
With low up-front costs, a Volvo business lease provides a business with access to a brand new model, and the seamless chance to change and upgrade to a new model in 2-3 years time. There’s no large capital outlay at the start of the agreement, and no need to part-exchange or sell models further down the line. There are no concerns about vehicle depreciation. For added convenience, servicing and maintenance packages can be included, consolidating all essential upkeep into one consistent monthly payment.
VAT‑registered businesses also benefit from valuable tax efficiencies. If the leased Volvo is used exclusively for business purposes, 100% of the VAT on monthly payments can be reclaimed. Even when the vehicle is used for both business and personal driving - for example, by a company director - 50% of the VAT can still be claimed back.
Overall, a Volvo business lease provides a financially manageable, flexible, and tax-efficient way to drive a new Volvo without the large upfront cost or long-term commitment.
Why choose Volvo business leasing?
- Lower upfront cost compared to purchasing outright
- Ideal for sole traders, SMEs, and larger fleets
- Monthly rentals may be eligible for VAT reclaim*
- No need to worry about depreciation or selling the vehicle
- Leased cars aren’t recorded as assets on your balance sheet
- Optional servicing and maintenance packages for hassle-free ownership
- Predictable monthly payments make budgeting straightforward
*Subject to VAT status and vehicle use.
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How does Volvo business leasing work?
Business Contract Hire (BCH) is a type of Volvo car finance that works as a lease plan. Its similar to Personal Contract Hire (PCH) but available only to businesses, not private motorists. Who can apply for a Volvo business lease agreement? The list is varied, from VAT-registered companies to sole traders, public limited companies to registered charities.
With a BCH agreement, a business leases a Volvo - or an entire fleet - for its employees. The process is straightforward: the business pays an initial rental, followed by fixed monthly payments over a chosen term, typically between 12 and 48 months (one to four years).
The agreement will include an annual mileage limit – say 10,000 miles a year – which should be adhered to. If the vehicle exceeds the total mileage at the end of the agreement, there will be an excess mileage charge to pay, which is chargeable per mile. That might only be 8p per mile, for example, but can mount up if the vehicle has clocked up 1,000 more excess miles than was agreed when the contract was taken out, so a business needs to consider likely driving requirements carefully.
Volvo business leasing deals can also include maintenance and servicing packages, so the vehicle’s care is covered and included in the overall monthly cost. This can reduce additional costs for a business, as well as the additional admin needed to organise and book.
When the agreement concludes, the business returns the Volvo. There’s nothing further to pay unless excess mileage or wear‑and‑tear charges apply. From there, the business may then secure a fresh BCH on a new Volvo, whether that’s a compact EX30, a premium XC90, or another model from the Volvo range.
Why choose Volvo business leasing with Mon Motors
Volvo business leasing made easy with Mon Motors
At Mon Motors, our dedicated Corporate team has extensive experience in Volvo business leasing and car finance. We guide businesses through every step of the process, helping you find the leasing deal that best suits your needs.
Whether you’re a fleet manager arranging multiple vehicles or a sole trader looking for a single Volvo, our team can tailor a solution to match your requirements. We provide clear advice on contract terms, mileage limits, optional servicing packages, and potential VAT benefits, making it simple to understand the costs and advantages.
Our team works to secure competitive deals while providing ongoing support, ensuring the leasing process is straightforward and hassle-free from start to finish.
Discover our latest Volvo finance deals or contact our Cardiff Volvo showroom today to see how Mon Motors can help your business drive a new Volvo with ease.