Road freight

Most transport can be leased. Here are a few examples:

• lorry
• passenger vehicle
• van
• semi-trailer truck
• trailer
• tractor
• extension
• crane
• bus
• forklift
• terminal tractor.

Leasing with a residual value means that someone provides a guarantee for the value of the item after the term of the lease. Residual value means that the lease amount is significantly reduced because the item must be returned to the guarantor at the end of the term of the lease.

The advantage of residual value is that the guarantor takes over the risk of fall in value during the term of the lease. Leasing with a residual value means that someone provides a guarantee for the value of the item after the term of the lease. Residual value means that the lease amount is significantly reduced because the item must be returned to the guarantor at the end of the term of the lease.

At the end of the term of the lease, you can choose to:

• continue the term of the lease;
• ask to buy the item;
• return the item.

If there is an agreed residual value at the end of the term of the lease, the item must be returned to the party that has guaranteed the residual value. This is usually the supplier/dealer or DNB.

Yes, you can terminate it or buy the item outright during the period.

Get in contact with us by telephone on 915 06 202 or by email

Leasing costs don’t have to be recognised in the accounts as outstanding debt in the same way as a loan. The vast majority of companies don’t need to show the lease agreement on the balance sheet.

Large companies (PLCs) must show the lease obligation and value of the item on the balance sheet. This is usually calculated as a future lease obligation for the remainder of the lease period, discounted to net present value.