Operational Lease with Managed Maintenance

The Operational Lease with Managed Maintenance excludes maintenance and provides for vehicle usage at low monthly premiums without the risk of ownership. The rental is fully tax deductible as operating expenses and provides for off balance sheet funding. The finance and resale risks are carried by Avis Fleet Services and you have the option to take ownership at the end of the operating period.

Avis Fleet Services are also able to facilitate the purchase of your existing fleet from you and lease the usage of the vehicles back to you.

Although Operating Leases exclude maintenance, Avis Fleet Services provides a managed maintenance service as part of the package. We screens all maintenance authorisations on behalf of the customer, ensuring that only manufacturer-approved work is authorised. The costs of maintenance are paid by Avis Fleet Services and billed back to you on your monthly account.

The features of this offering include:

• Usage without risk of ownership
• No capital outlay required
• Improved cash flow
• Rentals are fully tax deductible as operating expenses
• Off balance sheet funding
• Full VAT amount is recoverable on commercial vehicles and L.D.V's
• VAT is paid on monthly rental and is not capitalized
• No vehicle disposal risk
• Ownership can be negotiated
• Maintenance is managed by Avis
• Consolidation of maintenance and rental billing provides cost effective administration

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