Sale-and-leaseback on the rise

Date: 13 January 2009

Sale-and-leaseback deals increased by 50% over 2008 according to leasing company Lombard Vehicle Management.

Lombard's boss, Rob Bailey, also predicts the scheme is likely to continue rising in popularity in the current financial environment.

He puts this down to customers wanting to release money and the guaranteed financial stability from regular monthly payments.