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With an operating lease, you have the use of Volvo Construction Equipment for an agreed
period, usually 2-5 years. You retain the responsibility for the repair and maintenance of
the equipment and at he end of the lease you simply return it to Volvo Construction Equipment
finance.
What is it?
- A fixed price rental agreement offering immediate equipment usage with the ability to
handle rentals from generated income.
- Volvo Construction Equipment Finance owns the equipment, predicts its value at the end of
the hire period and charges a rental taking this value into account.
- Rentals are tax deductible.
- An 'off balance sheet' transaction - accounting ratios can be improved.
- Lessee has no disposal problem or risk on re-sale value - this is taken by Volvo Construction
Equipment finance.
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