Budget Friendly – Fixed Term – Off Balance Sheet
MAN Financial Services offers two leasing options. Both allow you to drive away the most up-to-date vehicles with limited capital outlay, competitive monthly rates and no need to worry about depreciation or re-sale values. As leasing payments are classed as an operating expense, it is a very tax efficient option. As your business doesn’t own the vehicle it doesn’t appear on your balance sheet.
MAN Financial Services Contract Hire enables you to enjoy all the benefits of driving the latest MAN commercial vehicles without having to make a major capital outlay. One competitive, fixed monthly payment covers everything except fuel and insurance. Contract Hire costs are based on the maximum anticipated mileage and are fixed for the entire term, so it’s easy to manage your cash flow.
A Typical Contract Hire Agreement Includes:
- The cost of the vehicles Road Fund License over the agreement period
- Servicing and maintenance
- Repairs including ancillary equipment (Excluding accidental damage)
- Replacement tyres
- Uptime guarantee
- Fleet Management Services
- European breakdown cover
- Collection and delivery
This is an ideal solution for businesses that require a vehicle over a period shorter than the assets anticipated working life. An Operating Lease agreement is a very efficient way to get behind the wheel of a brand new MAN Commercial Vehicle. At the end of the term you simply return the vehicle to us, so there is no need to worry about depreciation or re-sale values.
- Limited capital outlay
- Low cost pre-tax rentals
- Off balance sheet solution
- MAN Financial Services will take the vehicle at the end of the term (Conditions Apply)