Sale & Leaseback

If you already own your vehicles this is an ideal way of releasing the value tied up within your fleet. Fleet Hire can purchase your fleet from you and lease the vehicles back to you, removing the risk in disposal costs.

Vehicles are usually purchased at their prevailing market value or the written down value in your business books and leased back for the unexpired term of their normal replacement cycle. Add-on services such as maintenance or accident management can also be provided on a fixed monthly cost basis.

    Key Features

  • Enables your business to unlock capital and focus on your core business
  • Removes financial risk related with owning
  • Moves fleet off your company balance sheet
  • Enables your business to outsource maintenance and disposal risk
  • Facilitates fixed cost budgeting

    Key Benefits

  • Immediate cash injection
  • Single fixed monthly payment
  • Reduced internal / admin costs
  • Tax savings from removal of vehicles from balance sheet
  • Flexible contracts to meet the changing needs of your business
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