Types of Leases
Lease Rental
Lease Purchase
No need to get too technical.
There are variations of leasing but essentially there are two types.
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A standard finance lease.
12- 84 month agreements.
Rentals are Fully Tax allowable.
No deposit is required.
Fixed term or minimum period.
Allows you to spread the cost and gives
you ownership at the end.
12- 84 month agreements
The interest content is Tax allowable.
Full Capital Allowances can be claimed.