Yes, as a VAT-obligatory business owner you can lease a margin car for business purposes. A margin car is a vehicle where VAT is no longer charged separately at the time of sale. The VAT has already been included in the price.
This means you cannot reclaim VAT when purchasing the car, but the purchase price is often lower than that of a VAT car.
A margin car has usually:
Been owned by a private individual
Or by a party that is not VAT-registered
Been sold without separately stating VAT on the invoice
The sales price includes VAT, but it is not specified separately and therefore cannot be reclaimed.
That depends on your situation. Because the purchase price is often lower, this can result in:
Lower monthly costs with Financial Lease
A smaller financing requirement
A clear and manageable total investment
At Lease.Auto, we help you determine whether a margin car or a VAT car is financially and fiscally the best option for your situation.
View our full inventory of margin cars and discover the possibilities.
Contact us now and request free advice! 🚀