WHAT IS A FINANCE LEASE?
A ‘finance lease’ is a rental arrangement in which the customer is granted full use of the vehicle during the lease term, while the financer retains ownership of the vehicle. At the end of the lease term, the customer can buy the vehicle by paying off the residual value.
WHY DO I WANT A FINANCE LEASE?
- A ‘finance leases’ monthly payments are fully tax-deductible
- Fixed interest rate
- Fixed monthly payments
WHO WOULD BENEFIT FROM A FINANCE LEASE?
A ‘finance lease’ is best suited to small businesses, medium-sized businesses and sole-traders who use their vehicle primarily for business purposes.
...best suited for small, to medium-sized businesses and sole-traders who use their vehicle primarily for business purposes.
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A ‘finance lease’ gives you the flexibility to choose whether or not you want to keep the vehicle after the end of the lease term. Maybe it’s a van that has served you well but now needs to be upgraded, or perhaps it’s just right and you’ll get another good run out of it.
Depending on your circumstances, a finance lease could be an excellent car finance deal for you and your business. Ask our consultants to help you decide if a ‘finance lease’ is your best option.
All of our consultants know our products back-to-front, so no matter which leasing option you choose, you’ll be in safe hands.
Let Jim’s Car Loans help you get behind the wheel for the next stage of your business.