Finance lease allows a business to obtain a vehicle and use it for the length of the lease and beyond with sub-sequential secondary or peppercorn rentals. Payments attract VAT and also rentals can be offset against corporation tax. Unlike contract hire disposal must be undertaken by the lessee of which normally 97.5% of the disposal amount can be retained.
* All vehicle images and car descriptions on this site are for illustration and reference purposes only and are not necessarily an accurate representation of the vehicle on offer.
T: 0844 993 4508
F: 0844 993 4509
Banco Fleet Ltd
Marine Drive Garage
Barton On Sea
Banco Fleet Ltd are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 619366
Registered in England & Wales with company number : 6699998 | Data Protection No : ZA280165 | VAT No : 939 5379 68
Registered Office : Banco Fleet Ltd, Marine Drive garage, Marine Drive, Barton On Sea, New Milton, Hampshire, BH25 7DZ
Copyright © 2019 Banco Fleet Ltd, All rights reserved.