Leasing a pick-up for your business

Leasing a pick-up truck is proving more and more popular for many businesses, who want easy access to load and unload the vehicle, as well as a cab for passengers and the driver.

Ford are credited as being the first manufacturer to create a pick-up truck and even coining the term ‘pick-up’. In 1925 the Model T Roadster was released and over the years it was modified to better suit the work force it was supporting. Slowly pick-ups became more well-known, but their popularity didn’t increase until many years later when it became known to manufacturers that there was a demand for vehicles that benefit working and family life. Nowadays, there are many manufacturers that offer pick-up trucks such as Toyota, Isuzu and Ssangyong.

If you’re looking for a vehicle that has the versatility of being comfortable, with plenty of cargo room, that is also fun to drive, then a pick-up could be right for you. In recent years pick-ups have become well sought-after by people looking for a commercial vehicle that also benefits their home life. These inherently-American vehicles are praised by much of the labour-intensive work force, such as farmers, construction workers, and tradespeople, for their durable and strong nature, making them the perfect work vehicle. On the other hand, the modern day pick-up can be designed to include all the latest technology and safety features as well as the great cargo space to make the ideal luxury family vehicle.

When it comes to leasing a pick-up for your business, it can be fairly cost-effective. Currently the road tax for pick-ups is £320 for 2023/24. When it comes to the benefit-in-kind tax, at the 20% rate you’re looking at £66 a month and for the 40% rate it will cost £132 per month. A double cab pick-up that can’t carry a 1000kg payload, or 1040kg if it has been fitted with a hardtop, is the exception to these tax rates. To find out more, please speak with your Account Manager who will be able to advise you on the tax rates associated with your pick-up lease.

Overall, pick-ups are a great choice for many Synergy customers. Take a look at some of the popular pick-up we currently offer:

Ford Ranger

One of the world’s best-selling pick-ups is the Ford Ranger, which is likely to be of great interest to you if you’re looking for the ultimate working truck. The success is largely due to the simplicity in the functionality and technology in the pick-up, as well as its versatility of being offered as a Single Cab and a Double Cab. With the strong engine and switchable all-wheel drive system, the Ranger can transport large loads, carry out regular towing duties, and can even easily cross through up to 80cm of water. This pick-up is filled with plenty of great standard features such as automatic lights, adaptive cruise control and Apple/Android CarPlay, but you also have the option to add more features to your vehicle. Speak with your Account Manager to find out more about the packages and added extras you can select to build your ideal pick-up.

Toyota Hilux

Launched in 1968, the Toyota Hilux is now in its 8th generation and has a reputation for being the toughest on the market, designed to get through even the most difficult of situations. Anyone looking for a pick-up truck that is required to carry heavier loads will find the Hilux to suit the job well. This popular pick-up starts its range with a 2.4-litre turbocharged diesel engine and a 1-tonne payload capacity which allows for 3.5-tonne towing capability. These carrying capabilities outdo most of its competitors! The Hilux is available as a Double Cab, Extra Cab or Single Cab, as well as offering both manual and automatic options. You are spoilt for choice when it comes to securing your Toyota Hilux lease, and there is also the option of adding a variety of accessories depending on how you expect to use the pick-up truck. Build your ideal Hilux lease with Synergy today.

Maxus T90

The next big change for pick-ups are the all-electric variants. As the automotive industry adapts to support the upcoming deadline for all road vehicles to turn fully electric, pick-ups will be following suit. One vehicle in particular that is catching the eye of Synergy customers is the Maxus T90 – Britain’s first all-electric pick-up truck. According to the latest WLTP testing procedures, this vehicle has a combined range of 220-miles, however it is important to note the stated maximum mileages may not always be achieved in ‘real world’ driving conditions. This pick-up truck can be perfect in any work setting, carrying out a whole range of jobs, while producing no harmful exhaust emissions! This truck is well suited to both on and off-road duties thanks to the electric motor being mounted to the rear of the chassis, making it a fantastic rear-wheel drive. More information about transitioning your company fleet to electric can be found in our Electric Leasing Guide.