[also known as Fleet Disposal and Refinancing]
Owning a fleet of vehicles used to be a viable option for cash-rich companies, but the recent steady fall in secondhand car values is leaving fleet owners exposed to unexpected losses. As a result, increasing numbers of companies are turning to contract hire and leasing instead. Sale & Leaseback allows companies to switch the entire fleet immediately to contract hire without changing a single vehicle or alternatively have the entire fleet replaced.
Key Benefits of Sale and Leaseback
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Release capital tied up in the fleet, which can be redirected to your core business
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Eliminates the risk of depreciation and hassle of disposal
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Makes budgeting easier since you pay a fixed monthly amount under your contract hire agreement
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Gives you the option of including maintenance costs, relief vehicles and roadside assistance in the fixed monthly payment
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Offers VAT savings by removing your fleet from the balance sheet
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Improves your company's borrowing potential
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Allows an immediate change to contract hire without any operational implications for your vehicles or drivers
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All the normal benefits of Contract Hire
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Moving assets off balance sheet to improve year end
- Reduces administration by outsourcing time consuming fleet management activities
Sale & Leaseback usually makes far more financial and administrative sense than a gradual changeover to contract hire.
As fleet management consultants our expertise is getting you the best terms for your fleet and leasing requirements.
firstly we need to understand your business objectives and the help you through the SALE and LEASE BACK process, gathering the required information and presenting the opportunity to all the UK's top leasing companies in the best possible light in order to the drive out the best value.
For more information or a FREE fleet managent review call: 0161 286 3752
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