Finance for Lease

Thursday, 7 January 2010

Finance for lease is ideal for companies requiring a flexible and VAT efficient funding option for their fleet. VAT is reclaimed on the purchase of the vehicle and the customer pays interest charges on the net figure.

Rentals can be further reduced by incorporating a final "balloon" payment (not guaranteed).

At the end of the agreement the customer has the option of either entering the "secondary lease period" with a "peppercorn rental" payable per annum or selling the vehicle and retaining up to 99% of the sales proceeds.

The benefits of finance for lease include; Minimal initial outlay, Typically 3 months rentals, Interest charges applied to the vehicle cost net of VAT, Rentals offset against taxable profits, Subject to IR Legislation, Major Fleet discounts incorporated within the rental.

We offer a wide range of finance options and you can read about them on our site and the benefits that each of the finance packages offer. For more information use the contact page and we will gladly help you find deals which are beneficial to both you and your company.

Labels: finance for lease