Due to its tax advantages Finance Lease is a popular solution for companies to fund the lease of commercial vehicles. This option allows you to benefit from lower monthly payments which can be lowered further by introducing a balloon rental at the end of the contact term. Although your business does not own the vehicle, (keeping it off your Balance Sheet), on the disposal of the vehicle to a third party at the end of the contract, you will receive 98% of the proceeds of the sale. If a balloon payment has been set up, these proceeds help to clear the rental. There is also an option to re-finance the balloon payment at the end of the lease term.
You can rest assured that GWA will take care of everything leaving you to enjoy the benefits.
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