Ideal for VAT – registered companies who want to
handle the administration of their vehicles, and have the
asset shown on their balance sheet. A VAT – beneficial
option where the hirer can choose to pay the entire cost over
the agreed lease period, plus an interest charge, or pay lower
monthly rentals during the lease period with a final payment
based on the anticipated resale value of the vehicle.
The benefits of Finance Lease:
Ownership at the end of the contract
Fixed monthly costs
Flexible contracts
Low initial outlay
Business capital not tied up in a depreciating asset
VAT on rentals reclaimable
Road fund licence included for the full contract length
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