Sale and Leaseback
Sale and Leaseback is a product
where you can release capital from your existing fleet (or single vehicle) if
it is wholly or partly owned by you or your company. The vehicle(s) are purchased
from you by a lease company at either your book value or at the current market
value and are then leased back to you on an agreed contract i.e. time, mileage,
maintenance requirements etc. The vehicle(s) can be leased back to you in the
way that best suits your individual circumstances i.e. Contract Hire, Contract
Purchase or Finance Lease etc. The contract for each vehicle will be worked out
individually. A Comprehensive schedule will provide a detailed breakdown of purchase
price, lease period, total mileage, leasing costs, maintenance costs etc.
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Some points to
consider for sale and leaseback are:
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The release of capital
to re-invest in your business |
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Available to private
and business users |
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Contracts tailored to
your needs |
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Low monthly payments
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Vat and tax efficient
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No large deposit or final
payment |
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No depreciation risk
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Vehicles will not show
as assets on your balance sheet |
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Any lease funding will
not show on your balance sheet |
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Very minimal administration
required |
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Maintenance can be included
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Improved cash flow i.e.
fixed monthly costs |
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Suitable for single vehicle
or complete fleet |
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Suitable for cars and
commercials |
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