Volvo Finance Lease – Flexible and tax efficient financing
Finance Lease is a flexible and tax-efficient way to fund your truck without having to draw on capital reserves.
It is ideally suited if you are currently unable to take full advantage of Writing Down Allowances for new assets acquired. As rentals are fully tax deductible, a Finance Lease will enable future reductions to your tax bill when greater profits are expected.
In addition, by adding a final lump-sum payment (a balloon) into your agreement, it is possible to drastically reduce monthly outgoings. And at the end of term there are two attractive options – choose to extend the agreement for just a nominal secondary rental fee, or benefit from the majority of net sales proceeds.