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.
T: 0121 794 9073
F: 0121 27 53 867
5 The Croft
Motor Republic is a trading style of National Fleet Services Limited.
Motor Republic are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 680691
Registered in England & Wales with company number : 03247145 | Data Protection No : Z5088418 | VAT No : 695548379 | BVRLA Registration Number : 1463
Registered Office : 5 The Croft, Buntsford Drive, Bromsgrove, B60 4JE
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