With a sale and leaseback there are several advantages. The process is simple and fast. Here at WestWon Dental our turnaround aim is 24 hours for approval. There’s also less risk, meaning interest rates are, in most cases, lower. A sale and leaseback does not affect invoice discounts either. However, a sale and leaseback can only be done on the basis the vehicle is refunded within 3 calendar months of purchase.
Slightly different to a hire purchase, we can lease the vehicle back to you. However, you will still have full access and use of the vehicle. As well as this, all the monthly payments you will make are tax deductible.