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Operational Lease

Choose peace of mind and more time for your core business

Enjoy access to new vehicles at a monthly lease rate, with reduced operational risk and no risk associated with residual values.

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What is Operational Leasing?

Operational leasing, also referred to as full-service leasing or long-term rental, provides companies with access to new vehicles at a fixed monthly cost. This includes services such as insurance, maintenance, and breakdown assistance.

 

Contracts typically run for between 24 and 60 months and include pre-agreed terms, such as mileage limits and duration. This provides financial stability, as all costs are included and there are no residual value risks at the end of the contract.

What are the characteristics of Operational Lease?

  • As a lessee, you can lease a vehicle of your choice with your own selected configuration.
  • Alphabet remains the vehicle's economic and legal owner. They purchase the vehicle and lease it to your company. You record the monthly lease payment as a business expense.
  • At the end of the contract, you simply return the vehicle with no obligation to purchase it. 
  • The lease rate includes the necessary services for the vehicle, such as road tax, BIV, number plate application, maintenance, repairs, tyres, insurance and breakdown assistance. You can also opt to add other services, such as a replacement car, and a fuel or charging card.

What are the advantages of Operational lease?

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