Finance Options – Finance Lease
Finance lease is a tax efficient option normally for VAT registered companies. It is ideal for those of you who are VAT registered and want to take care of the administration of your vans and also have the asset shown on the balance sheet.
Van finance lease is a VAT beneficial option where you can choose to pay the entire cost over the agreed lease period plus an interest charge, or pay lower monthly rentals during the van lease period with a final payment based on the anticipated resale value of the van. Maintenance options are also available with this option of vehicle finance.
With finance lease, you must bear in mind that you will at no time take ownership of the asset as the final balloon payment must be paid to the vehicle finance and leasing company.
The main benefits of finance lease are:
- VAT can be recovered, depending on usage.
- Cash flow improves and you enjoy tax benefits.
- You pay lower monthly rentals with a higher final rental.
- Potential to offset other leasing payments against tax.
- Refund possible when vehicle sold at end of agreement.
For further information on finance lease finance packages please feel free to contact us at direct Volkswagen Vans on 0845 128 4689 or alternatively email sales@directvwvans.co.uk.
also stock a large range of quality assured used vans - click here for full used van stock.
Tel: 0845 128 4689 E-mail: sales@directvwvans.co.uk