Operational lease
Operational lease is leasing with flexible terms that can be complimented with value-adding services. Operating lease is particularly effective for high-value assets, like trucks and trailers or special equipment. Lease rates are based on the value of the asset over the period you require it.
With our operational lease solution you pay low monthly charges without residual value risk. For tax purposes you are regarded as a lessee, which means you can deduct interest. At the end of the contract period you can either purchase the vehicle from TIP or return it.
The advantages of operational lease:
- No big investment at once
- TIP is both legal and economic owner of the asset, so the asset will not be on your balance sheet
- No residual value risk
- At the end of the leasing period you can purchase the asset or return it