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
FacebookTwitterLinkedIn

We go the extra mile

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

Back to Finance Options

Have a look at our latest_offers including the Audi Q7 from £441.00 per month

 

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


BVRLA Leasing Broker Member Logo

We always get the best advice and rates from NCA along with excellent service.  more