Lease Purchase

Offering the taxation and ownership benefits of a hire purchase together with the repayment profile of a lease agreement, Lease Purchase is a great way of buying assets which have a strong and predictable residual value.
Typically the initial deposit is kept to a minimum and the monthly repayments based upon anticipated depreciation rather than the total cost of the goods.
Available over 12 to 60 months, this type of agreement has a final balloon payment that falls due at the end of the agreement and is normally met from the sale proceeds of the goods.
From a cash-flow perspective Lease Purchase offers a low deposit and low monthly repayments, which for many businesses make it ideal.
From a tax perspective, it works well for company vans and trucks or partnerships and sole traders that can still place cars into a single asset pool.
Call us today if you would like to know more about Lease Purchase.
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