Operating Lease and Contract Hire

Operating Lease

Operating Lease

Think of this as your minimum commitment, low payments option. In an operating lease, you only pay for the use of the machine. That lowers your monthly payments. At the beginning, you pay an upfront rental fee, and your rental payments include VAT. At the end of the agreement you simply give the machine back to John Deere, subject to return conditions. Though you cannot claim capital allowances, you can offset the rental payments against taxable profits as a business expense.

Total cost control

Pay only for what you use, with low payments and no ownership commitment. 

Operating Lease and Contract Hire

Key Benefits of Operating Lease

  • Easy on your budget – low rental payments
  • Attractive pricing – lower upfront costs
  • Predictable – fixed term, fixed interest
  • Tax benefits – offset rental fees as a business expense

Find your financing solution

Loan

Loan

Loan is a straightforward financing option that has you own the machine you make payments on.

Finance Lease

Finance Lease

If you do not wish to own, but still would like to enjoy many of the benefits of the hire purchase option, finance lease is for you.