Vehicles are supplied new, have a low initial payment and monthly rental. The rentals and terms are often more favourable than contract hire – especially as most vehicles will not require servicing or tyres due to the short retention period.
Short Lease benefits at a glance:
- Low initial payment and monthly rental
- Full operational control of the vehicle retained by customer
- Ideal for new staff in probation periods or for seasonal assignments
- Reduced cost without committing to a long term contract
- Off balance sheet
- Fixed, short term contract profile