Finance Lease

Finance Lease

A very popular product for self-employed, business users & limited companies, offering the benefits of ownership with flexible options available at the end of agreement.

• Keeps your cash in your business, rather than buying outright or putting down a big deposit
• Low initial outlay if required
• Tax deductible
• No full VAT payment up front as this is added on to your monthly figure payable
• VAT is reclaimable if registered
• Optional maintenance package if required (additional charge)
• Available over 24 – 60 month term
• Optional final balloon (residual payment) in order to reduce your monthly figure payable
• You can choose whether or not to have a final balloon (residual payment) and when you sell or part exchange the van, keeping typically 97.5% of the equity / sales proceeds. You can even re-finance the final balloon if you want, to keep using the vehicle.
• No mileage or damage inspections but remember, the final balloon is calculated with the vehicle being in good order and not excessive mileage against your estimated use.