MOT Bays and Garage Equipment can be an expensive purchase, especially for small businesses or for those new to the industry and setting up for the first time. Fortunately, there are many financing and leasing options available for garage equipment, making it easier for businesses to get the equipment they need without breaking the bank, sometimes with no up-front cost!
Garage Equipment and MOT Bay Leasing Options
Leasing allows businesses to purchase the garage equipment and pay for it over a set period, typically 1 to 5 years. At the end of the lease term, depending on the type of lease, usually, the final lease payment means the equipment can simply then be signed over to the garage business.
Buy or Finance Garage Equipment
The decision to buy or finance equipment depends on factors such as your current financial situation, the type of garage equipment you need, and the intended use of the equipment. Financing MOT Bay equipment has the advantage of you being able to get the garage equipment working for you right away without having to pay the full amount upfront, and it reduces the chance that your garage gets stuck with obsolete kit. Over how many years to finance Garage Equipment Financing duration can depend on a number of factors which can include the type of equipment being financed, your current financial status, the number of years in business and the percentage or value of the purchase being financed
Financing Options from Concept Garage Equipment
At Concept G E Ltd we have a number of ways for you to pay for your garage equipment, and MOT Bays, the main payment options we have available are:
Pay on Finance (check how much this might cost you monthly using our online finance calculator)
Using one of our trusted garage equipment leasing partners, you are in good hands, to get the best and most flexible payment options for your garage equipment or MOT Bay, and once approved it’s a speedy process from start to finish and means that you can have your new MOT Bay or Garage fitted out with tyre fitting, maintenance or vehicle repair equipment, and earning your business money before you know it!
Need help with your MOT Bay?
If you are looking to install new equipment or upgrade existing equipment, and need information on the best equipment, or pointers on who to speak to about finance or leasing this, give Concept Garage Equipment a call for a friendly chat. We would love to help you find the best deals whilst supplying your garage with high-quality garage equipment. Call us today on 0113 469 0572 or visit the website to find the garage equipment that is right for you. Disclaimer: Concept G E Ltd acts as an intermediary and only offers nonregulated credit products facilitated by our specially selected finance partners, who are Authorised and Regulated by the Financial Conduct Authority. Concept G E Ltd is unable to provide financial products of any kind or financial advice in its own right.