Leasing is a financing option that helps you avoid high acquisition costs for new vehicles. The vehicles remain the property of the lessor for the duration of the leasing agreement. The lessor also bears the residual value and marketing risks.
From the viewpoint of your company, the vehicles are not capitalised in the balance sheet; monthly leasing rates are posted as expenses. The emphasis is on the usage of vehicles rather than their acquisition.
Simple, clear and tailored to your specific needs.
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