A finance lease represents a popular
solution for businesses because it enables you to acquire
the vehicle of your choice now, without having to arrange
any deposit. This means you can retain your capital for other
purposes.
In addition, where your vehicle is used for
income producing purposes, your payments may be tax deductible.
However, we recommend that you seek appropriate advice from
your taxation or financial adviser.
Your payments are also fixed for the term of
the lease, with a residual value determined in keeping
with taxation guidelines and the predicted end-of-lease
value.
At the end of your lease period
there are a number of options available to you which can
be discussed with one of our Business
Managers.
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