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Sales & Leaseback

Lookers Leasing will buy your existing vehicle fleet for an agreed price and lease the same vehicles back to you for a fixed monthly rental. We agree with you the purchase price that we will pay for the vehicles and then work out the rentals based on the future term and mileage plus any maintenance pack required. This frees up capital to be used in other areas of the business, while at the same time transferring the risk of depreciation to us.

Significant benefits can be gained from entering into a Sale and Leaseback agreement.

  • You continue to use the same vehicle as before but you no longer have to be concerned about the depreciation and the risk of loss on disposal.
  • You reduce the administrative burden of running a fleet and benefit from our buying power and experience.
  • Increased cash flow into your business, allowing for investment in your business activities
  • Eliminating the risk of changeable residual values

A Sale and Leaseback agreement can be used to fund any type or number of vehicle from a car to a commercial vehicle up to 3.5 tonne.

Leasing1

"Not just a feeling but the knowledge that we are being looked after by the Lookers team"

Using Lookers Leasing means the level of administration required from ourselves is minimal, and for a small to medium company this is extremely important to us.

The quality of the service is excellent. We have a great relationship with not only the sales but with the service and contracts side of Lookers.  The need to contact these guys is very rare but when we do, they are straight on the ball.

Transport Manager

Computing solutions customer

"Reduced end of contract charges, reduced downtime, reduced phone time and easier booking of repairs"

We love Lookers ability to tailor their offerings to suit us, competitive rates with no hidden charges, the Litelease scheme (which has proven invaluable), all members of staff are helpful and do what they say they will and their regular status reporting.

We are pleasantly surprised that Lookers Leasing, although a relatively smaller provider, can offer the same services as the bigger providers but in a much better way especially with regard to a high quality customer service.

Transport Manager

Care Home Group

"We are not just another customer to Lookers Leasing – there is a personal touch to their service"

Lookers Leasing have very low end of contract charges, their contract hire rates are always competitive and they have a very high standard of service. All of these are essential to us.

The Lookers Leasing admin team is efficient and we do not have to wait long for quotes to be sent through once requested, nor order confirmations to be sent once the orders have been awarded. In fact, their customer service now is as good as it was when we first started using them 10 years ago!

Fleet Manager

Nationwide Courier Company

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