You lease the fleet back and continue to utilise it, paying a monthly operating lease arrangement. We take the residual risk, and you can choose to consolidate your fleet running costs by including a fleet management package and include the running costs in your monthly lease payments. The capital injection from selling and leasing back the fleet can provide working capital elsewhere in your business whilst continuing to utilise your fleet.
A Sale and leaseback is when we buy back your fleet to give your business an immediate cash injection. If you currently own your fleet, we can buy your vehicles and lease them back to you on a tailored operating lease arrangement where we optimise the financial return to your business, passing over the residual risk to NextFleet.