Finance Lease
Finance Lease is a traditional lease arrangement through which you would rent the vehicle for an agreed term. A Finance Lease is a form of flexible leasing to fund the use of, but not the ownership of a vehicle and is ideally suited for VAT registered businesses. The leasing company would effectively hire the vehicle to you for an agreed period of time for an agreed monthly sum. With flexible payment options Finance Lease is a tax-efficient fixed payment solution with low upfront costs. Contact us for a bespoke quotation for your business.
Hire Purchase
A Hire Purchase (HP) agreement is one of the most common ways of funding a vehicle purchase. Agreements are simple and normally available for up to a maximum of 5 years. Flexible deposits are available and the finance term can be set to meet your budget. This fixed interest rate option would allow a VAT registered business to immediately reclaim the total VAT paid and offset the interest payable during the term of the agreement. Contact us for a bespoke quotation for your business.
Contract Hire
Taking into account your annual mileage and your budget our Contract Hire option has VAT and off balance sheet benefits to your business. Furthermore you would not be responsible for the disposal or sale price of the vehicle at the end of the contract – which makes it a very easy and risk free way to run a vehicle. Contact us for a bespoke quotation for your business.