Sale & Leaseback is a useful option for businesses wishing to switch from owning their own vehicles to leasing. It can also be used to settle existing vehicle finance such as Hire Purchase in many situations.
Vehicles are simply purchased by the leasing company and immediately leased back to the business on agreed terms and mileages. This seamless process can free up valuable capital for an organisation looking to make investments elsewhere.
It also provides many of the other advantages of leasing such as the removal of depreciation risks and the option of fixed cost motoring through the inclusion of vehicle maintenance and tyre replacement.
Things to consider
Free up capital to invest in your business
Remove depreciation risks
Seamless transition to leasing for your existing fleet
Removes vehicles from the company balance sheet
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