I run six courtesy vehicles, 4 Renault Clios and 2 Peugeot Partner vans which have all got our company livery on.

I have recently bought 2 new Clio 1.2i 3dr Campus, which cost £6300 inc vat with a 3 year warranty. I dont allow staff to use the cars for private use, so I am able to recover the vat content legally (approx £900). So car costs £5400.00 (plus vat) OTR, I keep the cars 3 years, if you use the £100 figure, cost over 3 year is £3600.00, so if I get £2200.00 + VAT back I break even, (the cars realistically are worth about £3000 inc vat).

I know that I will incurr maintenance and road tax cost over annual leasing but I prefer to buy that lease, as I dont have any HASSLE at term end over stone chips/dings/other damage which can run into hundreds of pounds.

We make no charge for the use of the vehicles, which gives us an edge over our competition. I know it is a huge cost, but as a customer service, I know our customers really appreciate the use of the vehicles.

Sorry for the long winded reply.
Graham