Business Sales and Lease Back
This option allows you to sell their company vehicles to us, and we will then arrange to lease them back. Your business can then release capital while reducing their exposure to the unpredictable used car market.
The benefits to your business:
- Instant fleet disposal together with operational headaches.
- Capital which is tied up in depreciating assets will be released and put to more profitable use.
- All the benefits applicable to Contract Hire.
- Allows fleet outsourcing arrangements to work efficiently.
Considerations:
- The downside to sale and leaseback is straightforward – you lose ownership of the vehicles. They are no longer your property and therefore the value of your assets is decreased.
Not sure if this is right for you? Take our 1 minute "Which finance option is best for me?" or get in touch and we'll help you
Testimonials
E-Drive assisted me with a recent vehicle purchase, they were very helpful and the deal went ahead with no hiccups or problems, I will be sure to use them again.
Advantage Geomatics
I was looking for 2 vehicles for my company ASK Mobile Phones, a commercial van and a 4x4. I contacted Stuart and he was able to find the new model of the 4x4 vehicle that we wanted despite the local dealership telling us the vehicle was not available on contract hire!
Adam Smith - Director ASK & Farebrother Smith