Finance lease

Make your vehicle an asset with Finance lease, a fixed term agreement that allows a business to use a vehicle without purchasing it outright.

How does it work?

Finance lease is a flexible funding solution that will allow you to select new vehicles that fit your business requirements and enter into an agreement to pay regular instalments up to a specified date. You can enjoy full use of the vehicles with options to include SMR packages.

Your fleet vehicles will appear as an asset on your balance sheet and rentals are based on the vehicle’s value over the term of your agreement. You can choose to pay a final lump sum to reduce the regular payments. At the end of your agreement you will have 3 options to choose from:

Extend your agreement
Sell your vehicle
Return the vehicle

Our finance lease funding option provides the benefits of a new vehicle without the commitment of ownership.

Key features

Fixed regular payments simplifying financial planning and budgeting
Capital expenditure is eliminated
The vehicle is an asset on the balance sheet, therefore tax allowances may be deducted from taxable profits
Payments are not based on annual mileage

At the end of your agreement... you have three options

Option 1: Extend your agreement

Continue to use the vehicle for a further agreed period and pay a minimal monthly rental

Option 2: Sell your vehicle to an independent third party.

We will invoice the third party and return 95% of the sales proceeds to you

Option 3: Return the vehicle

We will sell the vehicle on your behalf and will return 95% of the proceeds to you (minus any resale fees)

Get in touch

How can Athlon help you?

To speak to a member of the Athlon team about your funding options, get in touch via our online form.

Athlon Contract Hire

Our contract hire product is available with or without maintenance, allowing you to decide what is right for your business. Whatever you need. Athlon can find a leasing solution that works for you.