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Finance Lease
Two attractive options at the end of the Agreement - give you options at the end of the Agreement allowing you to base your decision on market conditions at the time. You can either continue to use the equipment, or sell it.
Secondary lease period available - if you decide to continue to use the vehicle at the end of the agreement, nominal rentals are payable, usually annually.
Profit from the sale of the vehicle - if you decide to sell the vehicle at the end of the agreement, you can do so, and will be able to keep a percentage of the proceeds from the sale (usually 95%). Ideal for the deposit on your next vehicle.
Tax-efficient - up to 100% rental allowable against tax. Improvement of financial ratios such as gearing and return on capital.*
Control - you are responsible for maintaining, repairing, servicing and insurance.
*For advice, please consult your professional tax advisor. We do not provide tax and accounting advice.