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.

 

 

Car charging
a
    meeting

    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.

    woman on laptop

    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

    Smiling woman with phone

    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.

    Contact us

    Fast forward

    Do you like to read more, are you curious about our related solutions and cases, or would you like to find out what Athlon can do for you? 

    Other solutions

    Contract hire Contract purchase Men in convertible leasecar Daily rental

    A tailored advice and custom use of mobility services will suit your continuously changing needs.

    All solutions

    Related challenges

    Changes to vehicle tax on electric vehicles

    Rethink your mobility when it comes to the trends we are facing.

    All challenges