Buying a New Vehicle for Your Business from Snows

Purchasing a new vehicle for your business is a big decision, but it doesn't have to come with a big upfront cost. With business finance, you can spread the expense with flexible payment options tailored to your company’s needs. Whether you're expanding your fleet or upgrading to a more efficient vehicle, Snows makes the process simple, transparent, and tax-efficient.​

Why Choose Vehicle Finance Over an Outright Purchase?

Investing in a new van or company car outright can tie up essential cash flow that’s better used elsewhere in your business. With vehicle finance, you can:

• Spread the cost with affordable monthly payments
• Preserve working capital for day-to-day operations or growth
• Access newer vehicles with the latest tech and lower emissions
• Claim potential tax benefits like capital allowances or VAT recovery

Whether you're a sole trader or a fleet manager, choosing finance can improve your cash flow and increase operational flexibility, especially as interest rates and vehicle prices are rising.

Business Finance Options Available at Snows

Hire Purchase (HP)
A straightforward option where you pay a deposit, followed by fixed monthly payments. Once the term ends, the vehicle is yours. Ownership: Yes, at end of term. Best for: Businesses wanting long-term ownership.

Tax Benefits & Incentives for Business Vehicle Buyers

Buying a business vehicle through finance could offer your company significant tax advantages, especially if you're considering low-emission or electric models.

✅ Capital Allowances: Companies can claim 100% first-year capital allowances on qualifying low- and zero-emission vehicles, reducing your corporation tax bill.

✅ VAT Recovery: If your vehicle is used exclusively for business, you may be eligible to reclaim up to 100% of VAT on finance leases and running costs.

✅ Lower Benefit-in-Kind (BIK) Rates: Electric and hybrid vehicles qualify for reduced BIK tax rates, making them a smart choice for company car drivers and directors.

Why Partner with Snows for Your Business Vehicle?

With over 50 dealerships across Southern England, Snows Motor Group provides a complete end-to-end experience, from vehicle selection to delivery, aftercare, and finance support.

• Multiple Brands, One Point of Contact

We work with top manufacturers including BMW, Toyota, Lexus, Peugeot, SEAT, and more—giving you choice and flexibility.

• Personalised Support

Every business has unique needs. Our dedicated business finance advisors will help you structure an agreement that works for your company—now and in the future.