Car Leasing News

BMW 116i

The least expensive BMW offered on Comparecontracthire.com, following the latest pricing downloads, is the BMW 1 Series 116i 2.0-litre three door hatchback.

This car offers a combined mpg of 46.3, a CO2 figure of only 143g/km and has a manufacturer list price of £15,555. And for only £1 more per month plus VAT you can step up to the five door version, that lists at £16,080.

Using the £ Shopper price guide is great way to find a bargain. Just select Car, then BMW, then your price range, then business contract hire and finally press the proceed button to see all the results.

You will be surprised at cars that actually cost more to buy, may cost less when contract hiring. On the  example above, the difference between the manufacturer list price is £525 but the rental difference for the more expensive BMW is only £1 a month more, (i.e. £38 paid over the contract life).

The terms are as follows; 

- Non maintained business contract hire car leasing.

- Three year contract at 10,000 miles per annum.

- Rental terms are three in advance followed by 35 subsequent rentals (38 in total)

- Metallic paint will be an extra cost.

Don’t forget that if you are a normal VAT registered business, only 50% of the VAT that is added to the rental can be recovered. If you are a sole trader and do not pay VAT then you should add the full VAT to the rental above as this is what you will pay.

Tags: 1 series, bmw, business, car, contract, hatchback, hire, leasing

This entry was posted on Saturday, October 24th, 2009 at 8:00 am and is filed under Contract Hire Leasing Special Offers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.