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News and Updates from CVSL

Five reasons to get a new van

Car Leasing, Motoring Advice

Our Commercial Specialist Neil Barlow gives us five good reasons why you should invest in a new van and how this can benefit your business:

  1. Avoid expensive maintenance costs
    If you are currently driving an older vehicle chances are you’re likely going to experience expensive maintenance. When you lease a brand-new van you will have low maintenance costs and even have options to include maintenance within your lease agreement.
  2. Reduce your running costs
    Over recent years manufacturers have improved fuel efficiency radically. Save money at the pump by changing your van today.
  3. Removing depreciating assets from your books
    If you own your current vehicle you will remove a depreciating asset from your balance sheet.
  4. Leasing is easy and cost effective
    Leasing often works out cheaper than buying an old van on hire purchase.
  5. Business image
    Your van is your business image. By driving a new van you will come across as a professional tradesman and thus improve the reputation of your business.

Drive your business forward with a new van; get in touch with Neil Barlow today for all the latest offers.

Why Ashley Sheppard chose a plug-in hybrid car over a conventional.

Car Leasing,

Over the last few months we have seen a massive increase in companies choosing electronic vehicles over conventional cars. We spoke to Ashley Sheppard, Sales and Marketing Director of Call Systems Limited who has two plug in hybrid cars in use: a BMW X5 xDrive40E and a BMW i3 Hatchback.

Are you happy with your BMW X5 xDrive40E?
We are very happy with the BMW X5 xDrive40E! The car offers everything you expect from an X5 but a plug in hybrid.

Are you happy with your car’s performance?  Have you tested its speed and acceleration?
It is a great car, you wouldn’t really notice a difference between driving a conventional car over a plug-in.  Acceleration is a little bit nippy but you will get used to that.

What was your main reason for choosing an electric vehicle over a conventional car?
Low Emissions, it is an environmentally friendly car.  It is also a very economical car which receives tax in-kind benefits. This car is also great for the short commute that I do from home, school and to the office.

How do you charge it?
I had power sockets put in at home, so we charge both cars overnight. The sockets each have a different voltage to be able to charge; to put this is quite expensive but is worth it.

How many miles can you drive from one charge?
In the BMWX5 you can do 20 miles on a full electric charge which is perfect for my commute.  If you would need to travel a longer journey you can switch over to its petrol tank.

Are you happy with your BMW i3?
Yes, I love it.

How many miles can you do on one charge?
With the BMWi3 you can do roughly about 60 miles on a full charge and with the petrol engine it extends to 120 miles.

Are there enough charging facilities around you?
Yes, there are plenty of charging facilities around me.  I also recommend downloading the  BMW remote app, this will help you find  the nearest facilities around you.

Would you recommend plug-in vehicles?
Yes I would, we love both of our cars and whole heartedly believe this is the future of motor vehicle travel.
If you are looking for a plug-in hybrid vehicle get in touch with CVSL today.

Plug in cars

Tesla Tales: all you need to know about this car.

Car Leasing

Graham Forrester is the Managing Director of  the McGoff Group Facilities Services Limited based in Altrincham. Graham has been driving Tesla S on Contract Hire for a few months now and we sat down with him to find out what his experience has been so far…

So Graham, why did you choose Tesla rather than a more conventional car?
For the business: the Tesla S had 100% capital allowance in the first year; zero road tax, £5,000 Government contribution, significantly reduced fuel costs, no London Congestion Charge and very little maintenance and servicing requirements.

Personally, it is an extremely well equipped, high-tech, spacious, eye-catching, low environmental impact, high performance car with only 5% benefit in kind tax and very low (virtually free) fuel costs and emissions.

How many miles can you drive before recharging your Tesla?
I generally charge to 90% capacity (which is recommended by Tesla for maintaining battery life) which gives a 207 mile range. I don’t usually like to let the range drop below 30 miles before recharging.

How are the charging facilities around you? Do you charge it at the office or home?
I have a single phase charging point at home and a three-phase point at my workplace. I am also lucky to have Tesla Superchargers in relatively close proximity to home for longer journeys north, east and south bound. The car plans my longer journeys via the Supercharger network which Tesla have guaranteed to be free for use and currently other charging points such as Ecotricity are free to use. Home charging tends to be the exception rather than the rule.

Are there any notable differences between a normal car and an electric car?
The three most significant differences include: the lack of engine noise, the use of the regenerative engine to decelerate and the instant torque when accelerating.

Pre- Tesla how much money would you have to put in your car? How much would it cost you a week now in comparison?
Fuel costs for my Mercedes C220D were around £60 per week and benefit in kind was around £36 per week. Fuel costs now are virtually zero whilst benefit in kind is £26 for the Tesla S 70.


What are the pros and cons of driving a Tesla?
The pros? It is simply a pleasure to drive. The comfort, entertainment system (Spotify and Internet radio), performance, low noise levels and cabin/luggage space are superb.

The cons? You have to ensure that you allow sufficient time to stop and charge on longer journeys. The Tesla S 70 has the shortest range of all the versions however the longer range comes with a significantly higher price tag. Personally I need to stop every couple of hundred miles to stretch my legs and recharge my own batteries and this allows me to catch up with e-mails and make calls. The only other con I have found so far is the lack of any means to hang up my jacket!

Does it drive differently?
It drives itself. You can’t get much more different than that.

The first time you drive the car the complete lack of noise is a total surprise however you soon get used to it. The Tesla S is very easy to drive and, despite its large footprint, very easy to manoeuvre because of the all-round sensors and reversing camera.

For more information about Electrical vehicles contact CVSL today.Tesla Contract hire

Tesla

Why London businesses are choosing low emission vehicles

Car Leasing, Tax and Legislation News, ,

The London Congestion charge was implemented by London Mayor, Ken Livingstone in 2003 to reduce pollution in the capital. When the initiative was first launched the charge was £5 and now in 2016 the charge is £11.50 per day for driving within the charging zone between 07:00 and 18.00. If you pay in advance you can reduce the cost by £1 a day with auto pay.

The congestion charge can be expensive, especially if you are a business with multiple cars and if residents discount doesn’t apply to you, this could cost you up to £2898 per year. As a resident this would cost you £289.80 per year.  You can check here whether your property’s address qualifies for  residents discount.

This is the reason why more and more businesses in London are switching to for low emission vehicles as they are exempt to pay congestion charge under the Ultra-Low Emission vehicles.

Which cars are exempt under the ‘Ultra Low Emission Discount (ULED)’?

Vehicles that are eligible for the Ultra Low Emission Discount include all models that produce less or equal to 75gCo2/km and meet Euro 5 emissions standards.  Under the current scheme this includes all electric and most plug-in hybrid vehicles but conventional hybrids are treated as petrol and diesel vehicles only qualifying if their emissions are 75gCO2/km or less and are Euro 5. Please note the TFL reviews it schemes regularly.

If you would like to know more about low emission vehicles and how you can save money speak to CVSL today.

london traffic - congestion charge

CVSL’s favourite luxury cars

Car Leasing

Hoping to win the lottery so you can finally buy your dream car? Unfortunately the chances of picking the winning lottery numbers are 1 in 45 million and generally speaking you are more likely to be struck by lightning. So why not look into alternative options to get you behind the wheel of your dream car? Here at CVSL we have some very affordable luxury cars for lease!

Here is our top 3

Mercedes-Benz C-Class Saloon AMG Line
This car has a lot going for it! The car is well equipped and looks luxurious. The interior is standard equipped with leather heated seats.  Not only that but you will feel safe in this car as well. Be a king of the road with the Mercedes-Benz C-Class Saloon AMG Line.
Mercedes-Benz C-Class

Lease starting at £234 pm ex VAT.

BMW 2 Series Coupe M Sport 218I M
This car striking yet traditional – it is a classic sport car manufactured with the familiar BMW fare – an emphasis on turbocharging and downsizing.  The interior is sporty and modern yet maintains a high level of comfort.

BMW2

Lease starting at £155 pm ex VAT.

Audi Q3 Estate SE 2.0 TDI
This is Audi’s bestselling SUV – and for good reason. This car is well controlled with supple handling on the road.  The cabin is spacious and is the ultimate family car to transport your family around in.

AudiQ3

Lease starting at £217 pm ex VAT.

So why not get yourself a special offer on any of these luxurious vehicles, today? Check out our special offers.

*Please note prices are accurate at the time but are subject to change.