Through Operating Lease, the monthly lease rental can be fully deducted from your taxable income; hence, reducing your tax liability.
You can eliminate the residual value risk by surrendering the vehicle at the end of the lease, and without worrying on its value.
You have no obligation to buy the vehicle at the end of the lease. You can simply surrender the vehicle and opt for new vehicle under lease.
You pay fixed monthly rental and all expense towards the insurance, repair and maintenance would be borne by Unicorn.
No down-payment on purchase of vehicle. We will purchase and lease the vehicle, which in turn would be provided to you as part of car lease policy.
With fixed monthly expense, you can improve your cash flow and can invest the savings through lower lease rental for better returns.
On purchasing vehicle on Operating Lease, there is no capital outflow. We purchase the vehicle and lease it to the company.No expense upfront towards the purchase.
Operating lease has no effect on the structure of the balance sheet. The lease rental payments are deducted over the lease period.
As the leased vehicle would be completely managed by Unicorn for the entire lease tenure with our team of technical experts, you will save company's money.
On purchasing vehicle on Operating Lease, there is no capital outflow towards the purchase of the vehicle. Unicorn purchases the vehicle and lease it to the company.No expense upfront towards the purchase.
Transferred to another employee at no extra cost, transferred to the new employer with car lease policy. Hence reducing the liability in case of early exit of the employee.
Unicorn can offset the VAT expense towards the purchase of the vehicle and pass the VAT offset benefit through reduction in lease rental.
2015 BlickX Technologies
