An immediate release of capital for your business
As part of our fleet consultation we can assess whether any of your owned vehicles can be purchased by us and leased back to you.
We can purchase all or some of your owned vehicles and lease them back to you under a contract hire agreement.
We take on the financial risks of ownership including resale values, unexpected repair costs and disposal risks with the burden of vehicle ownership being fully transferred to Day’s Fleet. These funds can then be released back into your business for investment in core activities.
In addition to releasing capital you also retain the full use of your existing fleet under a fixed-cost contract hire agreement.
Your fleet will be removed from your company balance sheet as ownership of the vehicles transfers to Day’s Fleet, bringing potential financial and time savings for your business.
Benefits of Sale & Leaseback
- Release capital into your business
- Upgrade to new contract hire vehicles at the end of the agreement
- No vehicle depreciation or disposal risk
- Tax and balance sheet benefits
- Additional credit line for your business
- Reduced administrative burden