What is Sale and Leaseback?

Sale and Leaseback is a way of fast-tracking ownership of a fleet of vehicles on a Business Contract Hire basis. One of the main reasons this solution is increasing in popularity is that it allows capital tied up in your vehicle(s) to be released to you and re-invested elsewhere in the business.

How it works?

Lombard Vehicle Solutions can simply purchase your existing vehicles for an agreed value and lease them back to you for varying contract lengths dependent upon your fleet renewal policy. In this way, valuable capital is released from a depreciating fleet without incurring any disruption to the day-to-day running of your business. Once you start paying your monthly rentals, the financial and administrative benefits of Business Contract Hire are enjoyed immediately. 

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Benefits of Sale & Leaseback

  • Frees up capital
  • Fixed monthly budgeting and improvements in cash flow
  • Removes risk of fleet depreciation
  • Removes risk of future servicing, repairs and maintenance through our maintenance packages
  • Option to upgrade vehicles at the end of the contract hire term for brand new vehicles removing disposal worries
  • Administrative efficiencies

What else do I need to take into consideration?

  • You'll no longer own your vehicle fleet
  • You're limited to the mileage set out at the start of the agreement. Any excess mileage will incur additional fees
  • Any damage to the vehicle must be repaired prior to returning the vehicle, otherwise this will be charged as an additional payment at the end of the contract
  • Early termination will incur a penalty fee
What else do I need to take into consideration?

How can Lombard Vehicle Solutions make a difference to your business?

  • Offering intelligent, forward-thinking and flexible vehicle funding solutions to meet your long-term business ambitions
  • Working in collaboration with ALD Automotive’s innovative products and award-winning support services
  • Team of trusted experts
  • Utilising ALD Automotive's 60 years of experience combined with the asset experience of Lombard
  • Delivering an experience we're proud of to all our customers

Next Steps

Leave your details using our Get in touch form or alternatively you can call 0117 908 6490

We’ll call you back to discuss your business requirements and how we can help you

We’ll create and then discuss an innovative solution that is fit for purpose for your business operations

You will then become a customer of Lombard Vehicle Solutions with the full support of our trusted team of experts

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ALD Automotive Ltd trading as Lombard Vehicle Solutions is a product solution provided for Lombard North Central PLC. We store, process and use any data you share with us securely. We don’t share data for marketing purposes with any other company. In the future, if we need to change the way we use your data, we’ll contact you to let you know about the change and to ask for your permission.

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If you would like to get in touch with a member of the Lombard Vehicle Solutions team, please select from one of the following numbers:

* Landline and mobile phone calls to numbers beginning 03, cost the same as a call to a standard “01” or “02” landline number.

These calls will be included in any inclusive or free minutes you may have.

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