(25 Oct 2020, 8:49 pm)L469 YVK wrote But why did GNE persist with their order then despite the uncertainty regarding WrightBus at the time? Unless Storx's point about the credit applied to GNE and Arriva finance in a different way (we will unlikely know that).

@Dan - Do bus operators finance in the same ways or differently? (Don't need to know the particulars of course)

All the big groups will finance vehicles differently - some will buy outright, some will buy on HP, others will lease.

As important, they will depreciate the buses over different periods 12 years/15 years/16 years.

Thus the cost charged to the accounts each year will be different - different financing costs and different depreciation policies.