M any SMEs use vehicles for everything from transporting goods and attending off-site meetings to taking deposits to banks and running corporate errands - or even as a reward to employees for loyalty or a promotion. So how to go 278 about acquiring them? Some people will tell you that leasing vehicles is both time-consuming and expensive, but that couldn't be further from the truth. If your business needs vehicles - cars, vans or both - then leasing them is the way forward. Vehicle ownership comes with huge responsibility and potentially spiralling costs. Even if employees use their own cars for business purposes, it's considered to be a non-owned auto liability risk. This means the company is liable for damage in excess of the employee's personal auto policy limits; if an employee is injured in an auto accident in business hours, it will have an impact on the claim history and therefore increase premiums; and it obliges you to check for proof of insurance and driving records of employees at least every year. If you buy a car, whether it's for personal use or not, it loses value as