Sales & Leaseback
Historically most companies preferred to buy their vehicles outright but with the changes in taxation more and more are seeing contract hire as best practice because not only does outright purchase reduce the amount of available funds for business development it is not necessarily tax effective.
Historically most companies preferred to buy their vehicles outright but with the changes in taxation more and more are seeing contract hire as best practice because not only does outright purchase reduce the amount of available funds for business development it is not necessarily tax effective.
Sale and Leaseback is a way of recouping the capital tied up in your fleet and transferring them to a contract hire arrangement, whereby Agility UK will purchase the vehicles from your company and contract hire them back to you.
This scheme also takes away any risk on the disposal at the end of the contract and frees up valuable management time.
Benefits of Sale and Leaseback
- Releases capital tied up in vehicle fleet
- Improvements in administration efficiencies
- Can be offered for most vehicles, e.g. Cars or Light Commercials
- Fleet Management and Maintenance packages
- No risk on residual values
- Fixed monthly payments
- Streamlines cash flow
- Tax Efficient
