Finance Lease

This is an agreement that allows you to hire a vehicle for a fixed period without the option of ownership. Payments cover both the initial cost of the vehicle and the finance charges. An initial deposit, usually equal to three months rentals, is collected in advance.

At the end of the contract, the proceeds from the sale of the vehicle, less a small administrative fee, are returned to you. In effect a refund on a proportion of your rentals payments.

Highlights:

  • Rentals payable up to 48 months;
  • Use without ownership of vehicle;
  • Eliminates capital expense;
  • Improved cash flow with rentals paid from revenue income;
  • VAT reclaimable (depending on usage);
  • Rentals allowable against taxable profits;
  • You benefit from the net sale proceeds;

Sherwoods Vauxhall offer a wide range of flexible finance packages to suit our customers' needs. Our packages are highly competitive, and ensure you are get the right deal. Please use the button above for further information.

Finance is offered subject to status. Written quotations are available on request.