Finance Lease can be a tax efficient way to fund your vehicle. The entire cost of your the vehicle can be funded including the interest over a set period. Alternatively you can pay lower monthly rentals and then pay a final balloon payment based on the anticipated resale value of the vehicle.

Finance lease is treated as 'on balance sheet' funding so it is shown in your company accounts. The Vat element is reclaimable but we would advise anyone entering into an agreement to seek advice from your accountant. With finance lease the amount of your monthly rental is determined by the following elements; the cost of the chosen vehicle, the period of the vehicle contract and your proposed annual mileage.

Fixed cost motoring is a benefit with finance lease. Maintenance packages are available which can be run along-side your finance lease agreement.