Sale and Leaseback

Sale and Leaseback is a fast-track scheme that converts your existing 'owned' vehicle fleet into contract hire for operational or financial reasons, reduce administration and/or headcount, dress the balance sheet, raise cash or optimise the companies tax position we can offer the best solution.

If you already own your fleet and are attracted by contract hire, we can help you make the transition.

With Sale and Lease back, you get to enjoy the many benefits of contract hire in addition to getting an immediate cash injection for your business. There really is no downside!

The first step, and perhaps the most important part of the exercise, is to pull together the essential information about your fleet that will allow us to value it for you. We need to know the Date of Registration, the exact model, the current mileage and general condition. We'll also need to see the maintenance history for each vehicle.

Next, we take the information you've given us and crunch some numbers, using accepted industry guides such as CAP or Glasses Guide, to come up with a valuation for your fleet and compare this to your Net Book Value or if the fleet is on Lease or Hire Purchase finance the settlement figures.

We then make you an offer to purchase your vehicles and advise you what your contract hire rentals will be for each vehicle, based upon its planned life and mileage.

Once you accept our offer, we write you a cheque in return for the V5's for each vehicle.

We start new contract hire agreements for each car, and you start enjoying the benefits of contract hire right away!

If you would like more information on our Sale and Leaseback [Contract Hire Back] scheme contact us today!

07894 944 975

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