Vehicle Leasing

Vehicle leasing is the leasing (or the use of) a motor vehicle for a fixed period of time. It is commonly offered as an alternative to a vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay. The vehicle can then be returned to the finance company, or a predetermined residual amount can be paid and the vehicle is then owned by the business.  This amount can also be refinanced at this time. Certain criteria does apply i.e. age of vehicle.