A finance lease is a tax efficient option where the customer has two options. Firstly, they can pay for the total cost of the vehicle, which includes interest charges over a certain period or secondly, they can pay lower monthly rentals with a final payment, which is based on the anticipated resale value of the vehicle. In terms of businesses, although the ownership of the vehicle remains with the leasing company for the duration of the contract, the car does appear on the company balance sheet with the capital element of the outstanding rentals acting as the subsequent liability. The rentals paid can be offset against taxable profits, although a proportion of the payments relating to the excess value of the vehicle over and above &pond;12000 are disallowed.
The models of Rover listed below show cars available for car finance:
25, 200, City Rover, Streetwise, 75, 45,