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RENAULT BUSINESS FINANCE

Have you found the vehicle that best suits your needs? Our dedicated bank, Renault Business Finance will help you to drive away with it! We at Renault Finance offer a range of financial products designed to meet the needs of the Irish customer.

LET US HELP YOU TO CHOOSE THE BEST BUSINESS FINANCE METHOD

WHAT IS BUSINESS FINANCE HIRE PURCHASE?

A Business Hire Purchase is a simple way for your business to finance a vehicle over a flexible payment term, 1 to 5 years. Renault Finance will purchase the vehicle on your behalf. You then pay fixed instalments over the payment term. At the end of the agreement ownership transfers to you.

WHAT ARE THE MAIN BENEFITS OF BUSINESS FINANCE?

Fixed payments allow you to mange your budget effectively
Flexible payment terms to suit your budget
No mileage restrictions
You will own the vehicle at the end of the agreement

BUSINESS FINANCE TAX RELIEF AND VAT

For customers who are fully VAT registered, this tax can be reclaimed in certain circumstances for commercial vehicles.

WHAT IS A LEASE?

A Lease is an effective way for a business to use a vehicle without owning it. You only pay a fixed monthly instalment and can use the vehicle during the agreement without mileage limitation. At the end of your contract you can either:

  • Return the Vehicle
  • Take possession of the vehicle

WHAT ARE THE MAIN BENEFITS?

  • Benefit of ownership without being the real owner
  • Off balance sheet financing
  • Preserves working capital
  • Small deposit to pay

TAX RELIEF AND VAT

For customers who are fully VAT registered, this tax can be reclaimed in certain circumstances for commercial vehicles.

WHAT IS A LEASE WITH BUYBACK?

A With a lease with Buy Back, you have the same advantage as a lease, which means that you can use a vehicle without owning it. You only have to pay a fixed monthly instalment and can use the vehicle during the agreement. At the end of your contract you can either:

  • Return the Vehicle
  • Take possession of the vehicle based on the fixed price that has been defined on the contract

WHAT ARE THE MAIN BENEFITS?

  • As for the classic lease:
    • Benefit of ownership without being the real owner
    • Off balance sheet financing
    • Small deposit to pay
  • Special benefits of a lease with Buy Back:
    • Reduced Monthly Payment
    • More Security / More flexibility

TAX RELIEF AND VAT

For customers who are fully VAT registered, this tax can be reclaimed in certain circumstances for commercial vehicles.

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