Company cars
Electric, hybrid, prestige and executive, matched to mileage, charging access and what they cost the driver.
Sound familiar?
You chose the van. Then your accountant saw the finance agreement.
You pick the vehicle, the dealer offers a lease or finance, and you sign. It feels like a sensible decision in the showroom. Then year end comes round. Your accountant reads the paperwork and the finance agreement, and asks the question nobody in the showroom did: why was it done this way?
It's not hard to see why. Electric, hybrid or diesel. Buy, lease, hire purchase, contract hire or salary sacrifice. New or used, one vehicle or a fleet. There have never been more options, and for a business owner it's a minefield.
What typically goes wrong
- A van that's too small, too big or the wrong spec for the work it actually does.
- Contract hire on a mileage limit you were always going to exceed, then paying for it at the end.
- An agreement that runs longer, or shorter, than you'll actually keep the vehicle.
- Leasing when owning would have strengthened the business and its balance sheet.
- A company car chosen without anyone asking what it costs the person driving it.
None of this is the salesperson's fault. Their job is to sell the vehicle in front of you. Nobody in the showroom is asking how your business actually works.
That's the gap Forward Drive Plan fills. We get to know your business, your people and how your vehicles are used first. Then we compare every way of funding, recommend the right vehicle, and put it all in a one-page summary for your accountant to check before you sign. Your accountant sees it first, not at year end.
