Need help with car finance? Reach out to Ammar Farishta here >>> https://dentistswhoinvest.com/car-finance

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Navigating the world of car finance as a dental professional just got easier. Whether you're eyeing that shiny new electric vehicle or considering financing options through your limited company, this episode breaks down everything you need to know about car leasing in 2025.

We dive deep into the recent road tax changes affecting electric vehicles, which now incur a £10 tax in year one followed by £195 annually thereafter. While this represents a shift from previous tax-free incentives, there's good news too – the government has reversed plans to apply luxury tax to premium EVs over £40,000. We discuss how these gradual changes follow a pattern of reducing EV incentives over the years, from charger installation subsidies to cash-back programs.

Perhaps most exciting for newly established dental practices is the breakthrough in financing options for limited companies with less than a year of trading history. Gone are the days when dentists had to wait 12+ months before accessing vehicle finance through their companies. New partnerships now enable early-stage dental businesses to secure vehicle leases, albeit potentially with slightly higher payments. For those opting for used vehicle finance, refinancing after 6-9 months can lead to more favorable terms once your business credit profile strengthens.

The episode also covers practical timing considerations for factory orders, which typically take 12-16 weeks – crucial information if you're eyeing those coveted September '75 plates. With the automotive industry returning to normal production schedules post-pandemic, planning ahead ensures you'll receive your custom-specified vehicle exactly when desired.

Ready to make a more informed decision about your next vehicle? Listen now to understand how these changes affect your options and discover strategies to secure the best possible deal for your circumstances. Your perfect vehicle – and financing package – might be more accessible than you think!

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Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional. Investment figures quoted refer to simulated past performance and that past performance is not a reliable indicator of future results/performance.

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