Operational lease

How to finance - Operational lease

PACCAR Financial will purchase the vehicle of your choice, for your use for the duration of your Operating Lease contract with us. However, because of a Residual Value (RV) figure in the transaction, your monthly payment can be significantly reduced. Each contract is tailor made to the specific requirements of the customer and the operating conditions of the vehicle, with structured payment profiles available to assist your cash flow. The rental payments can normally be offset against taxable profit and with VAT being paid on the rental payments and not the purchase price of the truck it further aids your cash flow. Therefore with the risk in the Residual Value of the vehicle staying with PACCAR Financial you can enjoy the use of the vehicle without the burden of ownership - all for a low initial capital outlay and fixed monthly rentals.

Main characteristics of Operating lease:
  • Rental agreement with a fixed duration and total kilometres 
  • Monthly rental payments including VAT 
  • Total monthly payments can be offset against taxable profits 
  • Ownership is with PACCAR Financial
  • Lessor takes risk in the RV 
  • Possibility to include additional services in the lease rental (such as a Dealer or other third party Repair & Maintenance agreements) 
  • End of contract Options: to return the vehicle in line with return conditions of the Operating Lease, or request an extension of use
  • Off Balance Sheet for the Customer
Main benefits of Operating lease:
  • Cash flow impact of VAT is minimized 
  • VAT on rentals is reclaimable 
  • Lower monthly payments as a Residual Value(RV) is in place Improved cash flow from known monthly rentals
  • You can reduce your tax bill by offsetting rentals against taxable profits 
  • PACCAR Financial takes the risk of ownership on the asset depreciation 
  • No impact on your balance sheet 
  • No worry or risk at the end of the agreement or further extension, just give it back and pay any excess mileage and damage charges if applicable

Services that back-up PACCAR Financial

MultiSupport - Repair and Maintenance


PACCAR Financial can roll your repair and maintenance costs into your lease contract, as well as include other services, such as the insurance for your truck, GAP insurance, road tax and toll vignettes.

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The professionals at PACCAR Financial can help you make the right decisions. Find out how PACCAR Financial can help you today.

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