Finance Lease
This funding option is specifically designed for business users, after an inital payment (referred to as advanced rental) with a fixed number of further rentals are made over the duration of the agreement.

Following the completion of this Primary Period the lessee can either enter into a further secondary period of hire for a small annual rental or alternatively sell the vehicle to an independent third party on behalf of County Leasing with a refund of up to 95% of the VAT exclusive sale proceeds. All rentals attract VAT at the prevailing rate. Leasing with a deferred balloon payment is also available.

Benefits:

• Use without ownership of car
• Eliminates capital expense
• Improved cash flow with fixed monthly rentals
• VAT recoverable (depending upon usage)
• Rentals allowable against taxable profits (proportionally)