How Finance Lease Works

Finance Leasing a new Maxi Mover low loader van is a popular option. A finance lease agreement is a flexible option, your vehicles sit on your accounts balance sheet while you take advantage of Contract Hire benefits. This includes the security of fixed monthly payments. At the end of the agreement, you have a number of options, you can choose to sell the vehicle to a third party (once you’ve settled the balloon payment you are able to keep any additional profits) or pay in full the final value yourself and continue to operate the vehicle under a peppercorn agreement (this is usually the equivalent of one month’s rental fee).

 

The Benefits Of
Finance Leasing

  • A new Maxi Mover with a lower initial deposit
  • No mileage restrictions
  • No damage charges
  • Fixed monthly rental payments
  • The option to reduce monthly payments by way of a balloon payment
  • Reclaim 100% tax relief on finance Lease payments

At the end of your finance lease agreement you will have 3 options

OPTION 1 – SELL YOUR MAXI MOVER

You can sell your van to a third party and keep the sale proceeds less a final 5% fee to transfer ownership plus any outstanding payments due to the finance lease company

OPTION 2 – RETURN YOUR MAXI MOVER

Return your Maxi Mover to the Leasing Company who will sell it for you and refund you with 95% of the sold price.

OPTION 3 – KEEP YOUR MAXI MOVER

If you want to continue to use your Maxi Mover for an additional 12 months you can pay a nominal hire fee (usually one month’s peppercorn rental)

Low Loader Van Finance Comparison

A Quick Reference Guide - The Pros & Cons

Finance Lease Helpful FAQ's

The advantages of Finance leasing a low loader van are many, they include: Fixed monthly payments for the complete agreement No costly penalty charges for additional over mileage or cosmetic damage at the end of the term Lower initial deposit compared to Hire purchase options Claim 100% of you payments (subject to being VAT registered) Flexible repayment to match your company cash flow VAT is payable on the monthly rentals, not the purchase price At the end of the term you have the option to sell your Maxi Mover to a third party and keep 95% of the sale proceeds
The disadvantages of Finance leasing a low loader van include: The vehicle will be owned by the finance company If you choose to take a balloon payment there is always a risk that the resale value of the van will not pay off the original balloon balance, so you may have to find additional funds to settle the agreement at the end.
At the end of the finance lease agreement you have 3 options, you can either sell your Maxi Mover to a third party and retain 95% of the sale value, you can return your Maxi Mover and simply walk away or you can choose to keep your Maxi Mover for a further 12 months for just 1 months rental fee called a pepper corn rental
To Finance lease a new Maxi Mover low loader van you have to be a VAT registered business
One of the Advantages of finance leasing a new Maxi Mover low loader van is that there is no mileage limitations

A Complete Range Of Finance Solutions

Choose The Best Deal For Your Business...

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Finance Lease Your Maxi Mover

High Performance Low Floor Low Loader Vans

We manufacture largest range of low floor low loader vans in the UK and offer our customers a comprehensive range of competitive finance options. Finance lease is a popular finance option and subject to approval is available across all chassis cab brand models including Maxi Mover Renault Master low loader, Maxi Mover Mercedes Sprinter low loader and our flagship Fiat Ducato QubeMAX low loader van ranges.

Low loader van sales

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