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| Special
deals on Car Finance
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| BUSINESS
CONTRACTS |
The types
of company which will best benefit from car leasing
are those who are looking for minimum outlay & the best cost
control. These companies will also need to be VAT registered.
Car leasing help cut down on paperwork, administration charges, vehicle
depreciation & maintenance charges. Instead your business will
just pay a fixed monthly sum & receive all the services you
require. This service also has the added benefit of being tax &
VAT efficient. You can find further details of how car leasing can
benefit your business by contacting us
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If your
company is not VAT registered but you are looking to eventually gain
ownership of your vehicle lease purchase may turn out to be your best
option. You will first need to pay a deposit & following
monthly payments will be at a significantly lower rate. At the end of
the lease agreement you will be presented with a final balloon payment.
This payment is normally the market value of the vehicle at the time of
the end of the contract.
This method enables your vehicle to appear as an asset on your balance
sheet. This means interest is allowable against taxable profits
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Finance
leasing works best for companies which are VAT registered & who
wish to have control over the administration of the vehicle. This
method also allows the vehicle to appear as an asset on your balance
sheet.
Finance leasing
generally works in one of two ways. You can either break down the
entire cost of the vehicle including interest into equal monthly
payments or pay lower monthly sums & be presented with a
balloon payment at the end of the contract. This final payment will be
equal to the resale value of the vehicle at the time of the end of
contract. A third option is available by extending the agreement into a
secondary car leasing period
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This
method is ideal for companies looking to reduce the time it takes to
run a fleet of vehicles & release their assets capital.
Sale & leaseback allows your vehicles to be bought for an
agreed price, they are then instantly leased back to you via finance
leasing or contract hiring. This means you can continue using your
current fleet of vehicles with all the advantages that come with these
services.
You will no longer have to worry about maintenance & service
fees, depreciation or the management of your fleet. Budgeting is also
made simple as there is just one monthly payment to take into
consideration
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