| A finance lease represents a popular solution
for businesses because it enables you to acquire the vehicle
of your choice now, without having to arrange any deposit. This
means you can retain your capital for other purposes.
In addition, where your vehicle is used for income producing
purposes, your payments may be tax deductible. However, we
recommend that you seek appropriate advice from your taxation
or financial adviser.
Your payments are also fixed for the term of the lease,
with a residual value determined in keeping with taxation
guidelines
and the predicted end-of-lease value of the vehicle. At the
end of your lease period there are a number of options available
to you which can be discussed with one
of our Business Managers.
|
