Comapny Car Allowances / Company Car Opt Outs

Company Car Allowance

Many employers have scrapped their company car schemes and have opted to pay their employees a Car Allowance. This benefits the company by removing the “Whole Life Costs” of operating and administrating a company car. For the employee it removes any tax liabilities.

Employees have a number of ways of getting a car, using this cash alternative. Many opt to take the vehicle on a PCP (Personal Contract Purchase) but many over look the benefits of running a Short Term Leasing vehicle.

Of course employees can use their salary to buy a car or take out a more traditional 2 or 3 year lease. But what if its a new role and they are not sure whether the job is for them?

Short Term Leasing can offer the employee a car to take on a 3 x 28 day contract, which rolls on 28 days thereafter until the required notice is given. Even better, is that Short Term Leasing Ltd can switch them into a purchased or a traditional lease though its sister company Cocoon Vehicles and keep them in the Short Term Leased car until the vehicle is delivered.

Their are many benefits to the Short Term Leasing product  for the Company Car Opt Outs, as explained in the highlighted link.

If you would like to discuss this further, please call the team on 01332 290173.

 

What our customers think
Panda Marketing

We have been clients of Cocoon for just over 2 years.. we discovered them online at a time in our lives when historical credit problems were still stopping us from moving on with our lives.. we desperately needed to change our car, we had a good level of income, but because our credit file at the time was less than perfect, we were hitting brick walls at every corner…

After speaking to Paul ( one of the Directors) we were assured that they could help.. and boy did they…..

Within 2 weeks of our initial chat we were driving a brand spanking new Audi A3…. the monthly price (although slightly higher than mainstream lenders) was affordable to us and it literally changed things for us – someone had taken a chance on us – just what we needed……

We then went on to have 2 more cars from them.. a VW Golf and An Audi Q3 – both brand new… by keeping up the payments and being reliable clients, we managed to rebuild our credit ratings

Now after just over 2 years and 3 cars later Paul has managed to secure us mainstream finance directly with Mercedes and we have just taken delivery of a Mercedes GLC over a 3 year deal – at mainstream lender prices too….

We cannot fault Cocoon and all the staff there for their impeccable service along with their belief and trust in us…. it came at a time when almost nobody would even look at us, let alone take a chance with us…. If you are having credit problems and need a car, there is nobody that we would recommend more than Cocoon….

Paul and Donna Gardner

Call Us For a Quote on
01332 290173
Page Contents

Table of Contents

Get in touch
OFFERS SIGNUP

Latest Offers to your inbox

UNSUBSCRIBE AT ANYTIME
Service Provided by Mailchimp