Finance Lease

If you require a little bit of flexibility with regards to the term, then Finance Lease may be a better option. Although this method of funding usually does not include any facility beyond the supply of the vehicle it can be less penal when if the situation of an Early Settlement arises. It is as Tax and VAT efficient as Contract Hire. The only potential downside is that the customer is responsible for the disposal of the vehicle. Extreme care must be taken over the Balloon Rental, if one applies. The best way to minimise this risk is to pay a little more each month.

To understand Finance Lease, think of it as an efficient equivalent to hire purchase for a VAT registered business.

Applewood are unique in being able to offer a comprehensive Maintenance Option with Finance Lease.