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.

Important to Note: The vehicle will show on your balance sheet as a liability.

Different options available at agreement end.

The above outline description of this product is not an exhaustive list, so please speak to one of our Vanologists on 0121 382 5657 for your own tailor made quotation.