Why Lease? LOGICAL
Vehicles are classified as depreciating assets, in the words of John Paul Getty, “ If it appreciates buy it... If it depreciates lease it...”
Leasing funds depreciation and removes any residual value risk from the lease. Below are the main benefits of leasing:
- 1. Accurate monthly budgeting
- 2. VAT recoverable
- 3. Improved cash flow
- 4. Minimal capital expenditure
- 5. Fixed interest rate
- 6. No depreciation risk or disposal problems
- 7. Fixed cost maintenance
- 8. Reduced Administration
- 9. On-going advice and support
- 10. Road fund licence provided
- 11. MOT monitoring and prompting
- 12. Breakdown rescue cover
- 12. Replacement vehicle in case of breakdown
- 13. Enhances Company Image
- 14. MOT monitoring and prompting
- 15. Breakdown rescue cover
- 16. Replacement vehicle in case of breakdown
- 17. Preferential rates on vehicle hire
- 18. Driver Information Pack
- 19. Freedom of Choice
- 20. Enhances Company Image
- 21. Reduces Administration
