| The following illustration provides budget figures to help with your purchasing decision. |
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|---|---|---|---|---|---|
|
Fixed Term Lease
|
2 Years
|
3 Years
|
4 Years
|
5 Years
|
|
|
No. of Rentals
|
24
|
36
|
48
|
60
|
|
|
Monthly Rental
|
£232.37
|
£162.85
|
£128.29
|
£107.71
|
|
|
Weekly Equivalent
|
£53.62
|
£37.58
|
£29.61
|
£24.86
|
|
| Leasing v Cash
By paying cash, the amount you can deduct from your |
Some other beneifits
Have what you need today with no cash outlay Independance finance cannot be withdrawn an keeps existing credit lines open Use bank funding for working capital to maintain a healthy business Fixed payments for the term means easy budgeting
Pay for the equipment as you gain the benefit – not before
Let the equipment pay for itself with immediate return on investment – you wouldn’t pay your staff 3 years in advance
Have you what you need – not what your budget limits you to Leasing may overcome budgetary restrictions which prevent capital outlay |
|
| Cash Price Less Tax Relief Plus lost ROCE Net cost of paying cash |
£4595.00 £412.29 £1520.95 £5703.65 |
|
| By leasing you will gat tax relief on every payment | ||
| Total rentals Less tax relief Net cost of lease option |
£5862.60 £1172.52 £4690.08 |
|
| …and you are improving cashflow, the lifeblood of your business. | ||
| _____________________________________________ | ||
| Example based on Highest tax rate of Capital allowance -Yr 1 ROCE per annum of |
36 Months lease 20% 18% 10% |
|
All figures provided are subject to credit approval. E&OE.
All paymants are exclusive of VAT at the current rate and assume payment by direct debit.
The lease illustration assumes the Annual Investment Allowance has been exceeded. Hire purchase may also be available.
