The monthly rental is determined by the cost of the vehicle, the duration required and the estimated residual value of the vehicle, which is based on the expected annual mileage. In addition, included in the rental is a fee for vehicle maintenance and an administration charge levied by the lessor.
Fixed monthly rental allows for budgeted predictable cash flow The choice of vehicle and options in the contract are flexible Low initial payment required At the end of the contract, assuming terms and conditions have been adhered to, there are no further cost obligations, no residual or disposal risks – just hand the vehicle back Maintenance packages are available so that you can budget for the full cost of ownership If maintenance is included financial responsibility for the up-keep of the vehicle is passed to the service provider including items such as the road fund license. VAT is built into the monthly payments.