If you choose not to “buy” a vehicle you have 2 primary options:

finance lease or contract hire

More and more companies are choosing the usership route, particularly during times when cashflow is a pressing concern.  Usership helps to conserve cash reserves, aids budgeting, and maintains credit lines for other uses, amongst other benefits.  It also enables you to frequently upgrade to the latest models, coinciding with the ease in disposing of the vehicles.

In a nutshell…

Finance Lease

• low deposit
• you bear the depreciation and maintenance costs and, therefore, the risk
• whilst the vehicle’s title never passes to you you receive a percentage of sale proceeds when the vehicle sold after any balloon payment is paid
• VAT payable on full rental

Contract Hire

• low deposit
• we bear the depreciation, maintenance costs and risk
• at end of agreement, vehicle returns to the supplier (you may be liable for excess mileage and conditional charges)
• VAT payable on full rental

We are here to guide you through the options and offer you the very best advice, and we can present you with case studies to illustrate how certain options may favour your circumstances. 

For further help and advice on the best vehicle solution for your needs call us TODAY on 01942 408 520 or click here to email us at info@academy-leasing.co.uk