Financing solutions

You benefit from lower monthly payments as a result of us taking into account the expected future value of the vehicle.  In effect you are paying for the expected depreciation of the vehicle plus interest.

You don’t have to take any risk in the resale value of the vehicle or become involved in trying to sell it.  That’s all handled by us.

At the end of the contract you simply return the vehicle to us and providing it meets the return conditions and mileage parameters agreed at the outset there is nothing more for you to pay.

Operating leases enable you to benefit from a reduced outlay at the start of the agreement and lower than usual payments during the agreement.

From an accounting point of view the vehicle does not appear as an asset in your accounts but the rentals are shown as an obligation.

Benefits:

  • Low initial outlay

  • Fixed repayments

  • Lower than usual monthly payments

  • Rentals are allowable against taxable profits

  • VAT on rentals is reclaimable

  • No risk or administration at the end of the agreement providing the vehicles meets return and mileage conditions

  • Off balance sheet funding