For businesses in the Chicagoland area, selecting the right vehicle is critical for your business operations, image, and budget management. Taking on a Volvo lease from Fields Volvo Cars Northfield can offer several advantages over purchasing, giving your business flexibility, predictable monthly costs, and access to safe luxury vehicles for your company fleet or executive cars. These are the top three benefits of leasing a Volvo car for your business.
Simple Upkeep and Predictable Monthly Costs
Leasing a Volvo car typically means that your business will have fixed monthly payments for a predetermined term (24, 36, or 48 months). This consistency makes budgeting more straightforward. Also, the lease period often aligns with the extensive Volvo new vehicle warranty coverage. Because many lease contracts include scheduled maintenance, you’ll minimize repair bills.
Access to a Professional and Modern Vehicle
Leasing allows your business to refresh its vehicle fleet more often. As the term ends, you can easily transition to a brand new Volvo model. Maintaining a modern fleet not only allows you to keep up with the latest safety, technology, and comfort features, but it also projects a sophisticated and professional image of your company to its clients and partners.
Potential Tax Efficiencies
For many businesses, lease payments can sometimes be considered an operating expense that’s deductible on taxes. Of course, consult with a professional to ensure that this is the case, as every business has a unique financial situation. Additionally, leasing vehicles requires a lower capital outlay compared to purchasing outright, which helps to preserve working capital.
Start Your Volvo Lease in Northfield, IL, Near Chicago
Are you unsure whether a Volvo lease is right for your business? Visit Fields Volvo Cars Northfield today to explore our inventory. Upgrade your business with a new Volvo car today!