Operating Lease
We take the residual value risk in the vehicle and use it to lower your monthly lease payments. At the end of the agreement, you simply return the vehicle to us. Providing it meets the return conditions and mileage parameters agreed at the start of the agreement - there is nothing more to pay.
* Please note that we are no longer able to offer this product to natural persons (including sole traders and partnerships) in Ireland.
Key features
| Low initial outlay | Fixed repayments | Lower than usual monthly payments |
| Off balance sheet funding | VAT on rentals is claimable | No risk or administration at the end of the agreement providing the vehicles meet return and mileage conditions |
Repair and Maintenance contracts included offering fixed cost finance and vehicle maintenance |
Rentals are allowable against taxable profits | Reduced fleet administration |
OPERATING LEASE explained
Contact us
Get in touch if you have any questions about our products and services, or to request a quote.
FAQS
Answers to frequently asked questions about your finance agreement, updating details and more.
PRODUCT GUIDE
Download your copy of the Operating Lease product guide that explains the key features of the product.
Our finance products
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Hire Purchase: Flexi-Buy
Flexi-Buy has all the traditional benefits of hire purchase, with the added flexibility of an optional annual payment of up to 20% of your remaining balance. -
Finance Lease
Offset the lease of your rental vehicles against your taxable profits when you lease vehicles for a fixed period. -
Hire Purchase: Freedom
Freedom lets you take an annual payment holiday of one or two months on a hire purchase agreement. -
Operating Lease
We take the residual value risk in the vehicle and use it to lower your monthly lease payments. At the end of the agreement, simply return the vehicle to us.
Please note that Scania Finance Ireland Limited no longer provides the following products to natural persons (including sole traders and partnerships) in Ireland: Hire Purchase, Finance Lease, Operating Lease, Flexi-Buy and Freedom. Existing customers that are affected by this change will receive information from us. If you think you might be affected, please contact us or get in touch with your local representative.