Business Vehicles - Finance Lease ?

Business Vehicles - Finance Lease ?

Author
Discussion

hobo

Original Poster:

5,871 posts

253 months

Wednesday 23rd February 2005
quotequote all
Looking to get a pickup throught the business, but don't really want anything on a term of more than 18 months.

All quotes have been similar costs on standard contract hire, however, one company rang up with a slightly cheaper price, AND, they said that under Finance Lease I could just hand the vehicle back whenever I wanted, without any charge.

Is this correct ? Seems too good to be true.

Eric Mc

122,861 posts

272 months

Wednesday 23rd February 2005
quotequote all
Be aware of the differing tax allowance sapplicable to leased vehicles as opposed to owned vehicles or vehicles acquired under HP or straight bank loans.

chim_girl

6,268 posts

266 months

Wednesday 23rd February 2005
quotequote all
hobo said:
under Finance Lease I could just hand the vehicle back whenever I wanted, without any charge.