For VAT registered companies that want to offset the administration of their vehicles but have the asset shown on their balance sheet, Finance lease is the ideal option. It is a VAT beneficial option allowing you to pay the entire cost over the agreed lease period, plus an interest charge, or pay lower monthly rentals during the vehicle lease period with a final payment based on the anticipated resale value of the vehicle.Maintenance options are also available should you choose to use this type of vehicle funding.
When choosing to use Finance Lease, the customer must understand that at no time will they take ownership of the vehicle as the balloon payment at the end of the agreement period must be paid to the finance company.
The Benefits Of Finance Lease Are Listed Below:
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