Car Finance Lease
Car Finance Lease as alternative to a bank credit
Finance lease contract for leasing a car is similar to other lease arrangement concepts with the principle difference of no option for a car maintenance agreement.
When a car finance lease contract ends, the lessee becomes the owner of the vehicle by paying the amount of the residual value of the car.
The usual tax and VAT advantages also apply in case of a car finance lease which makes it attractive for optimization of cashflow.