Finance Lease

Finance Lease is the more 'flexible' option to Contract Hire giving you more freedom as to how you structure the payment profile for the vehicle whilst maximising VAT and tax efficiency. Whilst there are no mileage penalties or limits with this type of contract, the eventual age, mileage and condition of the vehicle will determine its re-sale value.

Suits

• Companies wanting the flexibility to be able to expand and contract their fleet as required
• Companies wishing to build up some equity within the vehicle throughout the term of the agreement
• Those who cannot accurately forecast their annual mileage
• New start up businesses not wishing to commit to a 3 year Contract Hire agreement

Benefits

• VAT & Tax efficient
• No mileage penalties
• Equity release at disposal (subject to mileage, condition and settlement figure due on early terminations)
• Minimum deposit
• Flexibility at end of the contract