Question
What is a commercial lease vehicle?
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6th May 2010 by Gary B
A commercial lease vehicle is the leasing of a vehicle for a specific agreed upon period of time. The customer can choose at the end of the lease period whether they want to own the vehicle or not. The company leasing the vehicle to the customer maintains ownership of the vehicle while it's being leased. The fact that the vehicle leased under these conditions is registered commercially, could result in higher taxes.
A commercial lease vehicle is the leasing of a vehicle for a specific agreed upon period of time. The customer can choose at the end of the lease period whether they want to own the vehicle or not. The company leasing the vehicle to the customer maintains ownership of the vehicle while it's being leased. The fact that the vehicle leased under these conditions is registered commercially, could result in higher taxes.
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28th Oct 2009 In Leasing
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Subjects: commercial lease,
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