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Sale and Lease Back

If you currently own your fleet of vehicles and want to change quickly to a Contract Hire model then our Sale and Lease Back product is perfect for you.

Under our Sale & Lease Back arrangement you sell the vehicles to Joe Duffy Leasing at current market price and these same vehicles are leased back to you. Vehicles under operational lease contract are not recorded on the balance sheet thereby improving your company gearing ratios. Current vehicles then start to receive the same benefits as new Contract Hire vehicles.

Company Benefits:

· Release the capital tied up in vehicles you already own outright by transferring them to an operational lease contract.

· Outsource the fleet management and reduced your internal administration costs.

· Transfer your vehicle residual value risk.

· Entrust the management on vehicle administration.

Driver Benefits:

· No impact to your drivers, they continue in their vehicles.

· No administration hassle on maintenance or tyres.

· Better assistance with their daily mobility.

· Any breakdown will be handled by a simple call to us.

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