Luxury Meets Practicality: Why The Volvo XC40 Is Perfect For Business Leasing

It might be true that Volvo has become a luxury brand in recent years, but as an entry level SUV, the Volvo XC40 is an affordable vehicle for the lease market and is particularly suitable for business leasing. This is because it is an all-round vehicle which offers great fuel economy for long business journeys, but also offers comfort and practicality as one of the most popular family SUVs on the market.

The XC40 is classed as a small SUV but is a slick and stylish upgrade on the hefty estate vehicles Volvo is famous for. This is a rear-wheel-drive SUV with a 2.0 litre petrol engine (although diesel, hybrid and full electric versions are available) and although the new version looks very much the same as the old one, at least externally, there are subtle changes internally that make this the perfect choice for business leasing.

Combining performance with practicality

You can choose between two versions of the petrol XC40, the B3 with a 161bhp engine, and the B4 with a 164 bhp engine. Both enjoy mild hybrid technology to improve engine efficiency, but at 42.1 mpg that is already at a good standard for the regular business driver. Nevertheless, the XC40 compares well to newer alternatives in the family SUV market. It can certainly stand aside the BMW X1, the Range Rover Evoque and the Volkswagen Tiguan in terms of speed (0-62mph in 8.6 seconds), comfort and ease of drive.

The combination of performance and practicality makes the XC40 the perfect answer for a lease driver wanting to mix business with pleasure. The robust body shape and effortless suspension makes you yearn for the great outdoors and camping adventures in remote regions, while great seat adjustment, good safety tech and 360 degree parking cameras mean everyday driving for work is easy and safe (the XC40 was awarded a five star safety rating from Euro NCAP). As a result, the XC40 is one of the most popular family SUVs on the market and is the point where luxury meets practicality.    

The benefits of business leasing

Business leasing is cheaper than personal leasing, mainly because a VAT-registered business can claim back 50% VAT on the lease payment and 100% VAT on the maintenance payment. For personal leasing VAT is included in the monthly lease price. Because personal mileage is subject to VAT, businesses must only declare business mileage, and drivers therefore must deduct their personal mileage.

Currently, a Pink Car Leasing customer will pay only £264.45 per month for a business lease deal on a Volvo XC40. This is based on a 48-month lease agreement and a mileage restriction of 5,000 miles. The deal could be even more affordable if you agree a longer lease or fewer miles. Even so, this is an amazing deal and with the Volvo XC40 currently in stock, a business lease driver can drive away with a brand new XC40 today.

Business leasing with Pink Car Leasing is the best way for businesses to manage fleet vehicles, while also allowing employees the freedom to mix business and personal usage. At Pink Car Leasing we can offer the best business lease deals on the leasing market and we can help your business manage costing and efficiencies by reducing vehicle depreciation and freeing up capital to make cash more liquid. We also offer manufacturer warranties on new vehicles and because our lease cars are brand new, you can largely avoid MOT costs also. This is all possible through business vehicle leasing rather than buying vehicles, so contact Pink Car Leasing and make the Volvo XC40 the business lease car for you.