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  • I use a pickup for business (currently Toyota Hilux, which I own) but am ready for a new model. I do 30000 miles per year, and am trying to establish whether or not it is financially feasible to lease etc. thanks.

    Gary Lemon

    Our expert Gary answered...

    Thank you for leaving your details on our website. Leasing will always be financially beneficial regardless of the mileage you are covering. You will still be able to offset the payments against your taxable profits and if you are VAT registered you will still be able to claim up to 100% of the VAT back as pickup trucks are classed as commercial vehicles. Please feel free to get in touch if you would like to talk through the options in further detail. Kind regards, Richard Wells, Senior Account Manager

    Question asked 29/09/2014
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