Visiting address:
Delaware Drive
MK15 8BA Tongwell, Milton Keynes

Finance Lease

Vehicles appear as an asset on your balance sheet, without the option of ownership as you hire a vehicle for a fixed period.

Rentals are based on the vehicle’s value over the term of your agreement, however you can choose to pay a final lump sum to reduce the regular payments. Then throughout your agreement you make regular instalments until your agreement comes to an end.

Features include:

  • Fixed regular payments means you can easily budget.
  • Capital expenditure is eliminated.
  • The vehicle is an asset on the balance sheet, therefore tax allowances may be deducted from taxable profits.
  • Payments are not based on annual mileage.

At the end of your agreement choose from three options:

Option 1: Extend your agreement and continue to use the vehicle for a further agreed period and pay a minimal monthly rental.
Option 2: Sell your vehicle to an independent third party. We will invoice the third party and return 95% of the sales proceeds to you.
Option 3: Return the vehicle and we will sell it on your behalf and will return 95% of the proceeds to you (minus any resale fees).

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