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FINANCE LEASE

Finance Lease is a flexible form of fleet funding. This lease can incorporate a balloon payment to reduce monthly rentals although carries more risk at the end of the contract, depending upon residual values. Vehicles are shown on the balance sheet, although we provide guidance on the setting of the final “balloon” payment.

Why Choose Finance Lease?

  • Fixed repayment costs
  • Monthly payments can be lower, as they may not be based on the full depreciation cost
  • Can Include a balloon payment at the end of contract
  • Improves key financial ratios, such as gearing
  • VAT on lease rentals can be claimed back on assets used for business purposes. (restrictions apply to reclaiming vat on cars)
  • Benefit from Automotives’ buying power
  • Reduced administration

 

 

 

 

 

 

 

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