Honda Finance Lease
Honda Finance Lease is a hire agreement specifically designed for business users. If you are VAT registered, there may be many additional financial reasons for leasing.
Once you choose a new car, you can decide on an agreement period between one and four years. At the end of your agreement – subject to the terms and conditions being met – you may arrange to sell the vehicle to a third party on Honda Finance Lease’s behalf, and you may receive a rebate on the rentals!
For tax purposes, Honda Finance Lease is assessed differently from purchase contracts. This enables you to benefit from certain tax advantages. A portion of all rentals, dependent on the price of the car being leased, can be claimed as a business expense against taxable profits. In such cases, you should seek guidance from your own financial or tax advisor.