Leasing Terms and Conditions

And finally, important things to remember about leasing in general:

  • The equipment does not belong to you, therefore you may not sell it.
  • A document fee is charged by the finance company and is payable with the first rental payment.
  • You must keep the equipment insured under your insurance policy; if it is broken or stolen you will be liable for its replacement or repair.
  • Interest charges may be levied for late payment.
  • The rentals will only change if there is a change in taxation rates i.e. VAT goes up or down.
  • The finance company is under no circumstances responsible for the quality or maintenance of the equipment or any warranty issues that may arise.
  • Always read the terms and conditions carefully before entering into any lease agreement.