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Leasing guide discount for BusinessCar readers

Date: 09 January 2013

BusinessCar readers are being offered a 50% discount on Professor Colin Tourick's new book on asset finance.

Titled Do The Maths, the new book is a step-by-step guide to calculating whether you should buy or lease your company cars.

The book normally retails for £40, but by using the code BusinessCar31Jan before 31 January readers will be able to buy the book for half price. Click here to use the offer.

The book includes an explanation of the different types of interest rates, different payment profiles, the effect that a residual value or balloon rental have on rental calculations, fixed and variable rate transactions and Libor.

On top of this, there are comprehensive descriptions of the main 'purchase-type' finance agreements (outright purchase, hire purchase, conditional sale and credit sale), leases (contract hire, 'open-book', sale and lease back, finance lease) and other asset finance products (contract purchase, loans, bank overdrafts, ECO, schemes and salary sacrifice schemes). It also looks at methods for calculating early termination settlements for finance agreements.

"The financial side of asset finance is not that complicated: it just needs to be approached one step at a time," said Tourick.

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