In this article we take a look at some of the best company cars for small businesses. We have selected the cars on the basis of several criteria such as low running costs, reduced company car taxation and the quality of their appearance and drive. We also look at some of the factors to consider when selecting a range of company cars.
Peugeot 208 1.4 e-HDi Access+ 70 EGC Stop and Start 5dr
The 208 boasts a modern design, an innovative multimedia display and very low running costs. It will give a massive 83 miles per gallon and is eligible for 100% First Year Capital Allowance. The 208 has been voted the Most Cost-efficient Car for an SME to Buy.
Audi A1 Sportback 1.6 TDI SE 105PS
The A1 is a stylish and compact hatchback that is in the 13% company car tax band. It usually appeals to staff due to its premium badge and low running costs. The A1 will do more than 74 miles to the gallon. The A1 has been voted the Most Cost-efficient Car for an SME Company Car Driver.
Mercedes E 300 BlueTEC Hybrid G-Tronic Plus
The Mercedes may be costly, but it is a great choice for the smaller business boardroom. It will give nearly 66 miles to the gallon whilst emitting low levels of carbon. Its car tax band is just 12%. It also has the prestige of the Mercedes badge. The E 300 has been voted the Best Company Car for SME Directors.
Range Rover Evoque 2.2 SD4 Dynamic 190hp 4WD
The Evoque has all the cachet associated with the Range Rover brand but in a much more affordable and compact package. It combines luxury with practicality both off and on the road. The Evoque has been voted the Best Company Car for SME Business Owners.
BMW 320d EfficientDynamics
The 320d represents the perfect combination of business efficiency and driving dynamics. It doesn’t get much better than a 320d for drivers of company cars and it was voted the Best Company Car for SME Drivers.
Choosing a range of company cars to use within your business is a difficult and political business. It is important that there is a hierarchy of cars within the business structure. A hierarchy gives those lower on the ladder something to strive for and those a little higher up something to feel good about. But the gap between levels needs to be a sensible one; massive jumps, for example, from a Focus to an E 300 should be avoided at all costs. A gradual progression is needed.
If you can, offer your staff a choice of cars
Some staff members will be free and single whilst others will have a family, so it’s only fair to try to meet their needs. You might not be able to offer an Espace for the family man or woman, but you can offer a five door option as part of your package.
Finally, only make a company car compulsory if you absolutely have to. Most employees will appreciate having the choice.
About the Author: This article is written by Nick Brahannin. For more motoring advice, visit Car Finance 247.