Choosing a finance lease is a good way to expand or update your vehicle without tying up working capital. CNH Industrial Capital purchases the vehicle and rents it back to you for an agreed period, at fixed rentals.
- The fixed underlying interest rate and fixed rentals for the term of the agreement make it easier on your budget because you know exactly how much you will be paying each month
- Regular rentals may be able to be claimed as a tax-deductible business expense, provided the goods are solely used for business purposes
- The Residual Value is set to reflect the usage of the vehicle and Australian Tax Office (ATO) guidelines. The Residual Value is due after the final rental is made