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Finance Lease
Finance Lease allows you to pay for the use of the vehicle as apposed to owning it. At the end of the lease period you control the eventual sale of the vehicle to an independent third party and retain up to 98% of the sale proceeds, or alternatively make the final payment and keep the vehicle on a peppercorn rental for as long as you want.
Marcol purchase the vehicle of your choice, having agreed on a contract term, monthly rental and a mutually acceptable final payment.
At the end of the contract you pay the final rental and retain up to 98% of the sale proceeds. Alternatively Marcol can sell the vehicle, and the sale proceeds are offset against the final payment and you will receive any surplus cash benefit.
The Key Benefits
- Any vehicle, new or nearly new
- Free delivery of your vehicle anywhere in the UK
- Low initial outlay
- The leasing company is able to reclaim all the VAT on the purchase price of the vehicle, which is reflected in much lower monthly repayments.
- Fixed monthly payments
- Rental allowable against tax
- Vehicle shows as a balance sheet asset
- Provides an additional credit line
- Our purchasing power in the market place is passed directly to you
- Option to keep the vehicle as a leased vehicle
Funding a vehicle is a complex task and usually requires knowledge of accounting practices and tax legislation.
Marcol have been providing vehicle-funding solutions for over 20 years. All personnel are fully trained in the field of vehicle finance and Marcol’s independent status enables us to offer the best finance packages for your company. We can offer a quick turnaround for individual quotations. For more information about Finance Lease, or any of our other services, please contact us.
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