Finance Lease is a good option for companies that want flexibility in using their vehicles as there are no restrictions on mileage. It can also be a tax efficient choice with up to 50% of the VAT being reclaimable for registered companies.
Finance Lease also offers the opportunity to set a ‘balloon payment’ at the end of the contract which can significantly reduce the monthly rental payments and aid cash-flow.
When the contract ends you can sell the vehicle to a third-party and receive a percentage of any profits. While you never own the vehicle it is often possible to continue to use it beyond the contract term by agreeing a secondary rental.
Things to consider
Complete flexibility in the use of your vehicles
Reduce monthly outgoings with an agreed final payment
Tax eficient for VAT registered businesses
Flexible options at the end of the contract
You might also be interested in...
Our cost effective Vehicle Rental service that provides extra vehicles when and where you need them.