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| BOAT LEASING EXAMPLE (FRENCH LEASING) |
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Take an example : You plan to buy an A class boat (a sailing or motor boat) worth 150,000 EUR inclusive of tax. |
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Your contribution : |
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1st payment |
VAT at 19.6 % on 50 % of rentals |
48.197,29 EUR |
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Guarantee deposit |
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18.812,71 EUR |
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Your financing : |
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1st payment |
VAT at 19.6 % on 50 % of rentals |
48.197,29 EUR |
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47 monthly leasing payments of
1.651,63 EUR ** |
VAT at 19.6 % on 50 % of rentals |
77.626,61 EUR |
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Buy-back value *** |
VAT at 19.6 % |
18.812,71 EUR |
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| Total cost of the financing inclusive of tax |
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144.636 EUR |
In this example, a Class A registered boat is assumed to spend half its time outside EU territorial waters, this is taken in account in calculating the VAT.
According to your circumstances, you could also go for an Italian LOA which may offer similar or, in some cases, even greater advantages.
The Italian leasing can also improve your financing.
Italian leasing example
* Conditions in force as at 1st of april 2010. Subject to acceptance of your file.
** Not including optional insurances.
*** The buy-back value inclusive of tax will be discounted by the sum of the deposit.
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