Designed
for VAT registered companies and vehicles that hold their
value well
With
this option the VAT on the monthly payments is reclaimable*
but the asset is shown on the company’s balance sheet
which leaves the depreciation risks with the company. However,
if the vehicle being funded retains it’s value well
the company will benefit from any positive equity left in
the vehicle. The hirer can choose to pay the entire cost over
the agreed lease period, plus an interest charge, or pay lower
monthly rentals with a final payment based on the anticipated
resale value of the vehicle.
Optional
services include:
Road fund licence, maintenance and tyre contract, Roadside
assistance, Relief Vehicle and Accident Management.
*
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