BMW Business Lease Explained: Cost, Benefits & Best Models
For businesses aiming to upgrade their company car fleet or provide vehicles to employees, leasing has become a strategic and cost-effective solution. Among the top choices for professionals and executives, BMW business leases stand out for their blend of performance, prestige, and value.
Whether you're a sole trader, limited company, or fleet manager, this guide breaks down how BMW leasing works in a business context, what it costs, and which models offer the best fit for different needs.
What Is BMW Business Leasing?
A BMW business lease—also known as Business Contract Hire (BCH)—allows companies to lease a vehicle for a fixed term and mileage limit, with predictable monthly payments. At the end of the contract, the vehicle is returned with no concerns over depreciation or resale.
These agreements are available to:
- Limited companies
- Partnerships
- LLPs
- Sole traders
- Private unlimited companies
Since the business doesn't own the car, lease costs can typically be written off as business expenses. VAT-registered companies can reclaim up to 50% of the VAT on monthly payments (and 100% on maintenance packages, if included).
For companies based in or near low-emission zones, BMW’s plug-in hybrid and all-electric models provide added tax efficiency and enhanced environmental credentials.
BMW Business Lease Costs and Tax Advantages
One of the main advantages of BMW business leasing is financial predictability. Here’s why it's a smart move:
- Fixed monthly payments simplify budgeting
- Lower upfront cost compared to purchasing
- No ownership risks or depreciation concerns
- Lease payments may be deductible against corporation tax
- VAT recovery options for business use
- Reduced Benefit-in-Kind (BIK) tax for electric and hybrid models
- Click here for more info about VAT & BIK for business leasing
BIK tax, which employees pay for using a company car, is notably lower for BMW's electric models. For instance, the fully electric BMW i4 falls into a lower BIK bracket, making it an appealing benefit for directors or key staff.
Need help estimating tax savings? Business-focused providers like Ready2Lease frequently publish updated offers and BIK breakdowns tailored to each quarter.
Additionally, because lease payments are typically lower than loan repayments for purchased vehicles, businesses can retain more working capital for other investments. This flexibility makes leasing a financially strategic option for companies looking to preserve cash flow and scale operations efficiently.
Why Choose BMW for Your Business Fleet?
BMW’s reputation for innovation, luxury, and performance makes it a top-tier choice for corporate fleets. Key benefits include:
- A diverse line-up—from executive saloons to compact SUVs and EVs
- Multiple powertrains: petrol, diesel, plug-in hybrid, and electric
- Cutting-edge tech: iDrive infotainment, digital cockpit, driver aids
- Strong residual values, helping keep lease prices competitive
Whether you need an eco-friendly company car or a high-end executive vehicle, BMW lease deals offer exceptional value and brand appeal.
Best BMW Models to Lease for Business Use
Not every BMW fits every business need, so here are four standout models currently available for business contract hire. Each caters to a different use case:
1. BMW 1 Series – Best Hatchback for Urban Businesses
Compact, efficient, and stylish, the BMW 1 Series is ideal for city-based companies, consultants, or sales teams. It delivers premium interiors, smart infotainment, and great fuel economy—all within a practical hatchback design. Lease price from approx. £213 + VAT/month.
Great for: Local driving, field reps, employee company cars
2. BMW 3 Series – Best Executive Saloon
The BMW 3 Series has long been a corporate favourite. It combines comfort, performance, and hybrid options with a polished business image. With class-leading handling and a well-appointed cabin, it's a perfect fit for executives and client-facing staff. Available from approx. £319 + VAT/month via Ready2Lease
Great for: Professional image, long-distance driving, executive fleets
3. BMW X3 – Best SUV for Versatility
Need more space or capability? The BMW X3 offers a higher driving position, available all-wheel drive, and ample boot space. It’s ideal for businesses operating in varied environments or those needing cargo spaces with comfort.
Great for: Surveyors, regional managers, rural operations
4. BMW i4 – Best Electric Business Car
Blending sports performance with sleek executive styling, the fully electric BMW i4 is a standout EV choice. It’s ideal for companies wanting to reduce emissions and cut employee BIK tax. Lease pricing starts from £368 + VAT/month via Ready2Lease.
Great for: Eco-conscious companies, tech-savvy teams, low BIK obligations
The i4 also supports rapid charging, allowing business users to recharge up to 80% in under 35 minutes—perfect for reducing downtime between meetings or trips. Its cutting-edge tech ensures a seamless and connected driving experience.
To explore these models further, check out the full range of BMW lease deals currently available.
How to Start Your BMW Business Lease
Getting started with a BMW lease for your business is simple. Here’s how the process works:
- Check Eligibility
Ensure your business is a registered company, LLP, partnership, or sole trader.
- Choose a Model and Trim
Pick a vehicle based on usage needs, business image, and budget.
- Apply for Credit Approval
Submit your company’s financials for assessment.
- Agree to Lease Terms
Set your preferred contract length (typically 24–48 months) and mileage limits.
- Schedule Delivery
Upon approval, your BMW will be delivered to your business address.
More frequently asked questions about business contract hire and eligibility.
Conclusion
Leasing a BMW through your business is an effective way to manage vehicle costs while enhancing brand image and employee satisfaction. Whether you need a premium hatchback, executive saloon, versatile SUV, or emissions-free EV, BMW offers options that align with modern business needs.
To view the latest BMW lease offers, compare rates, and check availability, visit:
BMW Business contract hire - FAQ's
The process is similar, but business leasing offers added benefits such as VAT recovery and corporation tax deductions—provided the vehicle is used for business purposes.
Yes. Sole traders and partnerships are eligible for business leases, subject to credit approval and proof of trading activity.
Maintenance is usually optional but can be added. Including it in your lease simplifies budgeting and helps avoid unexpected repair costs. You can reclaim 100% of the VAT paid on the maintenance element of a business lease.
The duration of the lease is at the discretion of the end user. The minimum term is usually 24 months, with the maximum term being 60 months.
They sure do. You can pop into any BMW dealer and ask for a quote, but by using a leasing broker like us, you are not restricted to one lender and may get a better quote, without facing the showroom hard sell.
If you lease a car for your business or as a private individual, your car will be ordered with the manufacturer directly, and then supplied via one of their franchised main dealers. The car is then delivered directly to your business or home address at no extra cost.
