Finance your business vehicles without tying up working capital
Whether you need a single company car or a multi-vehicle fleet, the way you finance business vehicles has significant implications for your tax position, balance sheet, and cash flow. The right structure depends on factors most vehicle dealers won't take the time to explain.
Tell us what you need — it takes 2 minutes →Free · No obligation · You decide whether to take it further
What brings most people here
- Being pushed towards the finance option the dealer makes commission on
- Not understanding the tax implications of different finance structures
- EV and electric fleet transition — different finance considerations apply
- Fleet management across multiple drivers and contract end dates
What a good match looks like
- Clear comparison of hire purchase, contract hire, and finance lease for vehicles
- EV-specific finance — salary sacrifice, OZEV grants, infrastructure funding
- Fleet management options for businesses with 3+ vehicles
- Tax-efficient structuring — capital allowances vs operational deduction
How it works
Tell us what you need
A short form covering your situation and requirements. Takes around 2 minutes. No account required.
We identify suitable specialists
We match your requirements against Vehicle Finance specialists with relevant experience and verified client ratings.
Matched specialists review your requirements
Specialists who believe they can genuinely help will be in touch. You'll be able to see their ratings and completed jobs before deciding whether to proceed.
You decide — no pressure, no obligation
If a specialist looks right for you, you can progress through quote, contract, and payment — all in one place. If not, you're not committed to anything.
Why YouCompared is different
Matched on merit, not marketing spend
Specialists appear because they match your requirements and have the ratings to back it up — not because they paid to be at the top of a list.
Ratings from completed projects
Every rating on our platform comes from a job that was actually done. Not an anonymous review — a verified client, a real project.
One enquiry, not a data free-for-all
Your details go to specialists matched to your specific requirements — not broadcast to everyone on a list. You stay in control of who you engage with.
The process doesn't stop at the introduction
Quote, contract, payment, and review — managed in one place. We're involved through the whole project, not just the first contact.
Common questions about Vehicle Finance
What are the main options for financing a business vehicle?
The main options are: hire purchase (you own the vehicle at the end), finance lease (use it without owning, residual value risk stays with the lender), contract hire/operating lease (fixed monthly cost, no ownership, often includes maintenance), and outright purchase. Each has different tax and accounting treatment.
Is it better to buy or lease a business vehicle?
Leasing (contract hire) typically gives lower monthly payments and removes residual value risk, but you never own the asset. Buying (hire purchase or outright) allows you to claim capital allowances and sell when you want. For most SMEs, contract hire works well for running vehicles; owned assets make more sense for specialist equipment.
What are the tax benefits of electric vehicles for businesses?
Electric company cars currently attract a benefit-in-kind rate of just 2% — compared to 20–37% for petrol/diesel cars. Full expensing allows 100% first-year capital allowances on new EVs. The combination makes EVs significantly more tax-efficient than combustion vehicles for businesses, particularly for higher-rate taxpayer directors.
Can I finance a used vehicle for my business?
Yes. Most asset finance lenders will fund used commercial vehicles and cars. The available structures are broadly the same as for new vehicles, though residual value assumptions affect lease pricing differently. Age and mileage affect lender appetite — specialist brokers know which lenders work best for which vehicle types.
Ready to find the right Vehicle Finance specialist?
Tell us what you need. We do the matching. You decide whether to take it further.
Get started — it's free →