luton vans for sale
luton vans for sale
luton vans for sale
luton vans for sale
luton vans for sale
luton vans for sale

Finance Lease

Operating Lease is a solution for those who want to drive one of our vehicles over a fixed term, with lower monthly rentals and without the worries or concern of ownership.

The benefits of Finance Lease:

      • Can offset the whole rental amount against taxable income
      • No mileage restriction
      • Monthly rentals are fixed but there’s flexibility through variable deposit options.
      • Ability to offset a proportion of the vehicle cost as a final ‘balloon payment’
      • Reduced monthly rentals result in positive effect on your cash flow.
      • Possibility of reclaiming tax relief on Finance Lease rentals depending on business usage (50% VAT reclaimable on cars, 100% reclaimable on LCVs).

 

At the end of your agreement:

You will get three choices when your agreement comes to an end:

Selection 1 – Sell The Vehicle

We’ll forward your share of the balance of proceeds to you once anything owed to us, including any sell-on expenses have been settled.

Selection 2 – Return Your Vehicle

Acting as our agent, you can sell the vehicle on our behalf and receive a share of the sale proceeds, assuming no balance is owed to us.

Selection 3 – Keep Your Vehicle

If you want to continue to use the vehicle you can pay a nominal fee (usually one month’s rental) and carry on driving for the whole of the following year.