Tipper vehicle Leasing????

[dig-dug-dan]

2 hours ago, donnk said:

if your not buying or HP then you are paying dear for the vehicle at the end of the day as the the finance company is milking you.

Not really when you weigh up the tax advantage.

 

[donnk]

their isnt a tax advantage your giving cash to the finance company as your paying whatever APR they are charging you over the odds of a cash purchase. Why not buy 10 and then you wouldn't pay any tax!

 

Its a good option for cash strapped firms though.

 

 

 

 

[doobin]

20 minutes ago, donnk said:

their isnt a tax advantage your giving cash to the finance company as your paying whatever APR they are charging you over the odds of a cash purchase. Why not buy 10 and then you wouldn't pay any tax!

 

Its a good option for cash strapped firms though.

 

 

 

 

I think a lease purchase is pretty much the same as HP. The cost of finance is a necessary evil in order to advance your business further- and let’s face it, interest rates have never been cheaper.

 

Im not a cash strapped firm, but I know I’d rather four machines on finance over 5 years than one owned outright. Might be different if all I needed was one, but that’s never the way unless you have a very simple business.