September 1st will bring new registration plates, and the release of the ’73 plate could be the perfect time for you to renew your fleet. Making sure your vehicle finance is in place is key, as it gives you assurance about your outgoing and allows you to plan the financials in the months to come.
Here’s everything you need to know about the new registration release.
Benefits of upgrading your fleet on vehicle finance
As well as being a luxury and attractive perk for staff, a new vehicle or fleet can benefit your business too.
- Improved fleet efficiency
- More economical
- Save your business money where it matters
- Newer tech is kinder on the environment
- Run smoothly to reduce business disruption
- Potential increase in residual value
- Potentially retains more value at the end of the term
How the new reg plates impact second-hand vehicles
When the new reg plates are released, the price of second-hand vehicles will often decrease in a bid to make them more attractive to customers despite the newer options available.
If you have a vehicle or fleet that is – for example – 8 years old, then trading in your vehicles for something that’s 2-3 years old is still a considerable upgrade. The fact that they aren’t brand new could mean you get some competitive vehicle finance offers and therefore keep the cost of upgrading down.
Long term investment has never been so simple with vehicle finance
Moorgate has a specialist team equipped to help you find the right solution for your business needs, with access to over 70+ lenders that can finance new or existing vehicles.
We offer an unparalleled service and a range of products to get you the right vehicle finance for your business including:
- Hire Purchase
- Lease
- VAT deferrals for up to three months
- Structured payments to match your cash flow
Speak to one of our specialists today about financing your new fleet in time for the September registration releases!
Get a free, no obligation quote for vehicle finance on our website – hit the ‘APPLY NOW’ button or call us direct on 01908 92 62 62.