Finance Lease

At the start of your agreement you decide on the length of your agreement and pay an agreed number of advanced rentals up front. These rentals are based on the vehicles value over the term of your agreement.

Alternatively you could opt for a lump sum payment. This option features a large payment that is due at the end of the agreement. This will reduce your regular payments. Then throughout your agreement you make regular instalments until your agreement comes to an end.

Finance Lease features include:

  • Fixed regular payments enable you to easily budget.
  • The vehicle is an asset on the balance sheet, therefore tax allowances may be deducted from taxable profits.
  • Payments are not based on annual mileage

At the end of your agreement