Finance Fleet Lease
Full fleet lease funding with tax-deductible repayments
A Finance Lease provides fleet leasing flexibility and cost efficiency.
As with an Operating Lease, the Finance Lease is a fleet lease agreement where your business is able to lease a fleet of vehicles from Hyundai Finance for a fixed monthly repayment.
While your business retains the residual risk of these vehicles, there are also some advantages in using a Finance Lease: By changing the residual value, this solution enables you to set repayments according to your cash flow requirements, and gives you the potential to profit from a higher selling price than your residual value.
Important differences between Finance Lease & Operating Lease.
- Finance Lease is listed as a liability on your balance sheet although the vehicle asset is not.
- Your business continues to be responsible for the residual value risk of the vehicle(s).
The key, is that Hyundai Finance maintains ownership of the vehicle over the lease term and until all payments have been made. (i.e. either the last monthly rental or the outstanding balance) On receipt of the final payment Hyundai Lease transfers ownership of the vehicle over to you.
- One-stop convenience.
- Simple application process.
- Fixed monthly payments.
- Full compliance management including WOF and registration
- Our expert fleet management service including comprehensive reporting and risk management.
- Tax-deductible lease costs.
- Range of end of lease options - eliminate the depreciation risk and worry of disposing of your vehicles at the end of lease.
- Option to lease passenger vehicles from 12-54 months and commercial vehicles from 12-60 months.
- Available on all new Hyundai vehicles.
- Lease terms range from 12 to 48 months.
- Lease terms range from 12 to 54 months for passenger vehicles and from 12 to 60 months for commercial vehicles.
- End-of-lease options include: Upgrade to new vehicle, extend vehicle lease, purchase leased vehicle or return vehicle to Hyundai Lease.
Interested in knowing more about Hyundai Fleet?
If you are interested in knowing more about the range of Hyundai Fleet options available simply enquire today and a member of the Hyundai Ambassador Team will contact you to discuss your fleet requirements.