The cost of the fleet is removed from the Balance Sheet.
The risk of the maintenance and residual value is carried by our Banking Partners.
The day-to-day management of the fleet will be carried out by Auric.
Contract Hire is particularly suitable for customers having VAT capacity and where the majority of the fleet comprises of passenger vehicles.
Release of capital enables investment in business or reduction of borrowings
Cost of fleet Off Balance Sheet, improved accountancy performance ratio, e.g. return on Assets
Management of Fleet releases management & administrative resource
Fixed monthly rental allows accurate budgeting
Financial risk with Bank. Relief from financial risk of residual value and maintenance
VAT efficient purchasing. Savings included in rental stream
Consolidated invoicing minimal administration
Auric will produce management reports to enable you to make ‘data based’ decisions
Welcome to Auric Vehicle Leasing we specialise in all types of car finance such as PCP, HP, Finance Lease Outright Purchase, but in particular car leasing, van leasing, vehicle leasing and contract hire in the UK.
We can cater for all needs and arrange suitable finance for the private individual or business.