Benefits of Leasing a Genesis for Business

Benefits of Leasing a Genesis for Business

As a business owner, you're always looking for the most beneficial options to make your business grow to your goals. That's why you may be wondering about the benefits of leasing a Genesis for business. At Genesis of New Hudson, we're here to explain all the details and guide you through the entire leasing process.

What is a Business Car Lease?

A business car lease, also known as Business Contract Hire (BCH), is a type of car finance in which you lease a vehicle for a specified period, paying monthly installments. This means you don't own the vehicle, and when the lease ends, you simply return it to the leasing company. This works very similarly to personal car leases but usually has extra benefits.

All Car Costs are Together

One key benefit of a business lease is that all your motoring needs are met in one payment. This typically covers the vehicle and road tax. For an additional charge, you can include maintenance, insurance, and breakdown cover, providing comprehensive coverage for your fleet. This makes budgeting and cash-flow management easier.

A Smart Investment in the Long Term

After the lease ends, you simply return the car to the dealership. This means that you don't need to take care of reselling and depreciation. Plus, as you're not paying for the car's ownership, you can take advantage of lower monthly payments.

Access the Latest Car Safety Technology

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Leasing a new car ensures you have access to the latest safety features, which might not be available in older, second-hand vehicles. New Genesis models come equipped with cutting-edge safety and connectivity features.

Save Money Compared to Personal Leasing

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Thanks to VAT breaks, business lease deals typically offer better financial terms than personal leases. If your business is VAT registered, you can reclaim at least 50% of the VAT on your lease payments. This can rise to 100% if the vehicle is used exclusively for business purposes. This tax efficiency makes business leasing a more convenient option.

Provide a
Staff Perk

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Offering company cars as a work benefit can increase the value of your employee rewards. However, this perk comes with a Benefit-in-kind (BIK) tax, which depends on the car model and emissions. Choosing cars with low emissions can lower the BIK tax rate, leading to big savings for your employees and making it a more appealing perk.

Advantages of Leasing a Genesis for Business

Explore Our Genesis Inventory

As an authorized Genesis dealer, we have a broad inventory of Genesis vehicles available for lease. The G70, GV70, and GV80 are popular models in businesses due to their fuel efficiency and comfort characteristics. You can find all of them and more options on our online inventory page or by contacting our team by phone or in person. If you prefer the online experience, use our filters to narrow your search according to the features and specifications needed.

After you find the models you need in your fleet, contact our finance department. They’ll guide you through our Genesis leasing for business options.

Get Started with Genesis Leasing Today

At Genesis of New Hudson, we are committed to providing exceptional service and flexible leasing options to businesses in New Hudson, Southfield, and Dearborn, Michigan. Discover the benefits of leasing a Genesis for your business and let us help you drive success. Contact us today to learn more.

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Contact

Genesis of New Hudson

30492 Lyon Center Dr
Directions New Hudson, MI 48165

  • Sales: (248) 782-7965
  • Service: (248) 782-7967
  • Parts: (248) 782-7985

Hours

  • MondayClosed
  • Tuesday8:30 AM - 6:00 PM
  • Wednesday8:30 AM - 6:00 PM
  • Thursday8:30 AM - 9:00 PM
  • Friday8:30 AM - 6:00 PM
  • Saturday8:30 AM - 4:00 PM
  • SundayClosed