This program is geared towards both corporations and sole proprietors interested in purchasing automobiles.
If you have been in business for more than one-year, then this program will assist you with the lease and purchase of:
- Passenger cars;
- Off-road and recreational vehicles; and
- Light trucks (payload of 2 tons or less)
By leasing your automobile with DeltaLeasing, you benefit from:
- Rapid decisions and deal processing – 3 working days!
- Affordable flat-rate financing!
- On-line approval is the way to get your application approval within 15 minutes!
Basic terms:
| Cost of automobile | from $10,000 |
| Financing terms | from 6 months up to 5 years |
| Down-payment | 0% of vehicle cost |
| Mandatory insurance | Discounted rates |
Procedures for the lease and purchase of your vehicle through DeltaLeasing:
-
You select one or more cars for sale by a professional dealer.
- You submit a simple application form and simplified package of documents.
- Following approval, you sign a leasing contract with DeltaLeasing and make your down-payment. In parallel, DeltaLeasing enters a purchase agreement with the dealer.
- The car is insured and transferred to you for use throughout the term of the lease.
- You make installment payments over the term of the lease contract and, following final payment, title transfers to you.
The lease and purchase of vehicles with DeltaLeasing is advantageous:
-
Unlike a bank loan, no security is required – you simply make a down-payment.
- Lengthy lease terms allow for smaller payments and facilitate rational asset management
Leasing is a legal way to reduce your tax base:
- Lease payments are fully tax deductible, thereby reducing profit tax
- VAT payments included in the lease agreement may be fully offset
- Accelerated asset depreciation, reduces property taxes
