Finance Leasing is a long established method of financing a new or VAT qualifying used vehicle. It is an attractive option to the VAT registered business user, offering significant tax advantages that can assist your cash flow.

After paying an initial rental, (usually 3 or 6 months), and agreeing a contract period, (usually between 24 and 48 months), your monthly payments can be lowered further by deferring a proportion of the vehicle's cost to the end of the contract period.

At the end of the period and after making any "balloon" payment the vehicle is sold to a third party and the majority of any sale proceeds are returned to you.

Benefits     » Fixed rate of interest.
    » VAT reclaimable (depending upon usage).
    » Inflation proof payment.
    » Available for both new and used vehicles.
    » Offset part of the rentals against tax.
    » Use without ownership.
    » Vehicles shown off balance sheet.
    » Improved cashflow.
    » Share of vehicle sale proceeds.

Taxation, legislation and accounting practices are subject to change and current business allowances can be changed at any time. For specific guidance it may be advisable to consult your accountant or financial advisor.

The above points are guidelines, therefore should you require additional assistance or a bespoke quotation please do not hesitate to contact us.