OVL Lease Blog

The Polestar 2 - what’s so special about the new electric kid on the block? 

  The Polestar 2 - what’s so special about the new electric kid on the block?  The Polestar 2 is a fully electric car with a badge that you might not be too familiar with. Polestar is part of the Volvo family and is taking the... Read More

OVL partners with Rolec - the best in home smart charging units for electric and plug in hybrid vehicles

OVL partners with Rolec - the best in home smart charging units for electric and plug in hybrid vehicles  OVL group has partnered with the U.K.’s leading manufacture of electric vehicle charging points, Rolec, to ensure all of our customers leasin... Read More

Featured client - Jack Brunsdon & Son

Featured client - Jack Brunsdon & Son Our featured client for this month is Jack Brunsdon & Son – Windows and Doors for homes of character. The beautiful showroom in... Read More

Changes to the Plug-in Car Grant - March 2021

Changes to the Plug-in Car Grant - March 2021 The Government has announced that the Plug-in Car Grant has been cut from £3,000 to £2,500 for Electric Vehicles and further changes to... Read More

OVL Group - working in partnership with Emtec Corporation, the only connected vehicle company that measures emissions.

OVL Group - working in partnership with Emtec Corporation, the only connected vehicle company that measures emissions. OVL Group is working in partnership with Emtec Corporation, the only connected vehicle company that measures emissions. EMTEC’s tel... Read More

The Volkswagen ID.4 - a car leasing review

The Volkswagen ID.4 - a car leasing review Volkswagen’s newly released ID.4 has been described as “stylish and straightforward.” This family sized SUV is a fantastic electr... Read More

The Kia Niro - “low on emissions, big on choice” Which one is right for you?

The Kia Niro - “low on emissions, big on choice” Which one is right for you? There are three choices available to you in the Kia Niro family; the full electric, the plug-in hybrid and the self-charging hybrid. This article a... Read More

Diesel is no longer a dirty word. 

Diesel is no longer a dirty word.  In October of 2020, we wrote about ‘tax-beating’ RDE2 diesel cars and provided a comprehensive list of vehicles that were exempt from t... Read More

Big isn’t always better

Big isn’t always better The tallest building, the longest bridge, the fastest car; sometimes in life we might think that big is better but when it comes to customer servic... Read More

New driving laws you need to know about

New driving laws you need to know about It’s February 1st and whilst you may feel that one day feels very much like the next the start of the new month has seen some new motoring la... Read More

Going green and increasing National Insurance – what’s the link?

29/09/2021

Going green and increasing National Insurance – what’s the link?

Earlier this month the Government announced that there would be a 1.25 % rise in certain National Insurance contributions from April 2022.

National Insurance is paid by employers, employees and self-employed workers in the UK – except for those on low incomes. 

How does this impact fleets?

An employer pays National Insurance on the Benefit In Kind (BIK*) of the driver’s car and therefore the higher the National Insurance, the more an employer will have to pay for a driver of a fleet vehicle……..however, electric vehicles, thanks to a lower BIK will command a lower NI so the price rise will in essence, be balanced out.

*BIK is a calculation based on the value of the vehicle and its emissions. 

Another compelling reason to switch fleet vehicles to alternative fuel sooner rather than later. 

Contact our team to discuss in detail and you can read more about switching to electric vehicles here.

E10 petrol: What is it and can my car run on it?

06/09/2021

E10 petrol: What is it and can my car run on it?

The introduction of E10 petrol brings with it another benefit to leasing your vehicles - because all new cars can run on E10 petrol, so you don't need to worry when pulling up to the petrol pump! However, we know some of you have older cars at home, perhaps you're buying a first car for your 17 year old (leasing is an option there too by the way) or maybe you have a classic 'weekend car' so here is an explanation of what E10 petrol is. 

What is E10 petrol?

Essentially, E10 petrol is a more eco-friendly fuel that the government intends to make the new standard petrol grade with the aim of cutting carbon dioxide emissions. It contains less carbon and more ethanol than fuels currently on sale. 

Ethanol is a type of alcohol manufactured from plants, including sugar beet and wheat.

Current petrol grades in the UK - known as E5 - contain up to 5% ethanol, with the other 95% being regular unleaded petrol. E10, will see this percentage increased to 10%.

Can every car run on E10?

Every petrol vehicle built after 2011 should accept E10 but it won't be compatible with some older vehicles and if a car is not compatible with the new fuel, it could damage the engine.

If you run an older car, you can check for compatibility via a Government website that has been set up - https://check-vehicle-compatibility-e10-petrol.service.gov.uk

Government advice is that if you're in doubt stick to E5 which will be available from most filling stations.

As mentioned, leasing a car means you're never going to be driving an old vehicle so E10 doesn't need to trouble you - why not take a look at our latest offers www.ovl.co.uk