A lease contract giving the option to buy-back the leased car at the end of the contract, at a price fixed when the contract is signed.
The resale price of the car is calculated with a reduction of 5% when the contract is signed. At the end of the contract, the user will get the opportunity to purchase the car at this pre-fixed price. By reducing the resale value of the car by 5% at the beginning of the contract, the lease rentals per month will increase and by effect, the tax savings as well.
What are the benefits?
• More tax savings
• Option to buy back the car at an attractive pre-fixed cost
• More transparency with the user on usage and resale cost
• No hassles of negotiating to buy back the car at the end of the contract