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Discussion Starter · #1 ·
Hi, I was wandering whether any UK member knew what the situation was with second hand lease finance. I am purchasing a used etron through business and the the purchase price of the car includes vat, however the monthly repayments don’t say + vat. Is there generally vat to be added to a second hand finance repayment??
Thanks in anticipation! (Hope I am posting in right place!!)
 

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Have you told them its a personal lease or a business lease - if you have told them its a personal lease the company would usually quote including VAT, however if you have actually said you are getting it through your own business, they are likely to quote it excluding VAT.

You will have to ask the company you are leasing it through directly if it is not stated on their quote anywhere.
 

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Discussion Starter · #3 ·
Thanks for reply, I heard back from finance company and apparently no VAT to pay on monthly payments. Something to do with the fact that the dealer has already done the VAT transaction when they purchased it to use as a demo.
 
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