Vehicle Contract Hire and Leasing, Somerset - NCA Vehicle Management Vehicle Contract Hire and Leasing, Somerset - NCA Vehicle Management Vehicle Contract Hire and Leasing, Somerset - NCA Vehicle Management
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e. info@ncavm.co.uk   t. 01935 433330

Finance Lease

A financial arrangement where the full capital cost of the vehicle is repaid over the lease period. Upon completion of the 'primary lease period' the vehicle can be retained for a 'peppercorn' rental. A 'balloon' payment can be included to offer lower monthly payments. Residual profit lies with the lessee. Title remains with the finance provider but you have the equity. A maintenance package is not usually included.

  • Normally low initial payment
  • Additional line of finance to bank
  • Rentals are allowable against corporation tax (cars - 100% up to Co2 of 160g/km, 85% over 160g/km; 100% on commercial vehicles).
  • VAT recoverable (limited if private use)
  • Tax and cash flow efficient especially for commercial vehicles
  • May be suitable for those who cover higher mileages
  • On completion of the agreement 90% or more of the disposal proceeds are returned to you
  • On balance sheet accounting

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Have a look at our latest_offers including the Audi S1 for £285.00 per month

 

Contact us to find out more about our finance lease and how we can help you


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Any quotes are returned in a timely manner and at competitive prices. Any queries are dealt with swiftly and explained clearly and in detail. NCAVM make what could be a hard process into an easy and painless process.  more