Finance Lease
How a finance lease works
This method provides the customer with the benefits of ownership with minimum deposit and maximum flexibility.
The fixed monthly payments are calculated by the price of the vehicle, the length of the contract and if there is an optional lump sum (Balloon Payment) deferred to the end of the contract.
At the end of the term the vehicle is retained by the client. They have the option to: retain the van, part exchange it or sell it. If the van is sold the client keeps up to 100% of the sale proceeds.
Benefits of a finance lease
- 100% Tax Deductible
- Pay the VAT as you go
- No mileage restrictions
- No damage clauses
- No extended tie-in periods
- Up to 5 years to pay
- Optional final "Balloon" payment
- Ability to upgrade early
Please call a member of our van leasing team to see if a finance lease is your best vehicle leasing option.
Vehicle Financing Example (small & light vans)
- Make & model
- Fiat Doblo Cargo
- Variant
- 1.3 JTD Multijet
- Finance Product
- Finance Lease
- Term
- 4 Years
- Payment Profile
- 3+47
- Monthly payment
- £155.88 (+vat)
- Final payment
- £1,300 (+vat)
- Annual mileage
- unlimited
- Service & Maintenance
- not included
- MOT's
- not included
- Road fund licence
- first 12 months only
- Ply lining
- included
- Nationwide delivery
- included
- End of term
- vehicle retained by client
- Options available
- keep van, part exchange van, sell van. Up to 100% of sale proceeds retained by client
