This section of the Volkswagen Fleet Managers' Guide looks at two areas that are completely linked within the UK system, simply because there are different tax treatments for different funding methods. And there are many methods available to meet different situations of the businesses that want to run fleets.
The business buyer generally has plenty of other uses for large blocks of capital funds, and over many years the UK fleet market has developed a whole range of general purpose and specialist funding arrangements to deal more effectively with capital expenditure - as well as those fleets that still elect to use their own cash to buy their cars and vans outright.
It is probably fair to say that there is a funding package available to suit everyone, depending on their business circumstances and requirements. Volkswagen Financial Services is an obvious starting point for the options.
The range of funding methods used in any one fleet needs to be considered carefully. It is quite unusual for fleet managers to decide which funding method should be used - more often this is a matter for the Finance Director. But of course it is important for the fleet manager to understand the implications of getting it right - or getting it wrong.