Business finance - Driving for business
At ŠKODA we want to be the most valued Fleet manufacturer in the UK. Ever. Now that may sound a little ambitious. But we're already on our way. Because Fleet managers love choosing our cars as much as we love making them. We think you'll feel the same. Call our fleet manager to arrange an appointment or test drive. (24 hour test drives also available)
We'll agree a plan of fixed monthly rentals lasting from one year to four years. At the end of the contract you simply hand the car back, subject to mileage and vehicle condition, and start a new agreement on a brand new ŠKODA. You can budget ahead by adding servicing, maintenance and tyre costs to your agreement. It may even be possible for your business to recover the VAT on these elements.
Finance lease gives you the option to reduce your monthly rental costs or shorten the term of your contract and also gives you the chance to share in any potential excess sales proceeds when the vehicle is sold at the end of the agreement. If you are a VAT registered business you may be able to reclaim a proportion of the rentals as business expenses.
Lease purchase lets you lower your monthly payments, compared to hire purchase, by deferring a proportion of the vehicle cost to the end of the agreement. Lease purchase is great for small businesses that want to keep control of their cashflow to be able to change vehicles more frequently.
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