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When your business needs a company car or a fleet of vehicles, it can be a challenge to sort through the options and make the best strategic decision.
There are several advantages to leasing your company vehicles rather than purchasing. For example, lease payments generally qualify as business expenses, and the Value Added Tax (VAT) is calculated on the monthly rental rather than being charged upfront at the time a vehicle is purchased.
Talk to a Scotiabank specialist to create a customised package that fits your budget and optimises your tax benefits.
Scotiabank’s reliable fleet management services can offer:
- Competitive rates that are fixed for the term of the lease
- 100% financing with no down payment required, so you can free up your cash flow
- Simplified legal documentation
In addition, we provide efficient solutions, such as the Fleet Card, to help you manage your company’s fleet expenses.
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