1. Finance Lease

Finance Lease is the perfect way to finance a vehicle if you want all the benefits of owning a vehicle whilst maximising your tax situation.

At the end of your contract, your finance lease payment is 100% tax deductable and it can be offset against your taxable profits. All you need to do is agree a monthly payment over a designated period of time, generally 24,36,48 or 60 months, agree your deposit and let us know what vehicle you require.

At the end of the contract, you own the selling rights to the vehicle.

Finance Lease Options
Finance Lease is flexible and you will have a number of options at the end of your areement.

Most of our customers Part Exchange the vehicle and they retain 95% of the sale proceeds, this money can be used as a deposit unless you have a final payment. We don't normally fund final payment so all of the 95% can be used as a deposit lowering your monthly payment on your next vehicle. You can also sell the vehicle yourself, pay your 5% and all the VAT and any monies left after the finance has been settled is yours.

You can also if you wish keep the vehicle and pay an annual fee to the leasing company,this is also 100% tax deductable.

2. Contract Hire

Contract Hire is often a popular funding choice for VAT registered companies. It enables you to run cars or vans with a minimum outlay and a defined montly budget especially when full maintenance and relief vehicle options are included.

One rental payment covers all the risk elements including both the depreciation and the disposal of the vehicle, at an agreed mileage and period of time.

Benefits of Contract Hire

• No risk of depreciation
• No disposal problems just hand it back
• Off Balance sheet funding
• 100% VAT recoverable for sole business use, or 50% VAT recoverable for mixed business
• Road Tax included for the duration of the contract.
• Maintenance, warranty, breakdown packages and relief vehicle options can all be added to contract.
• One single payment covers all your vehicle costs

3. Hire/Lease Purchase

You pay fixed monthly rentals and own the vehicle at the end.

• You can choose to pay the entire cost of the vehicle in regular monthly installments
• Pay lower monthly instalments but final payment based on anticipated resale value
• Optional Road Tax, maintenance, warranty and breakdown packages are available

For individuals wishing to finance their next vehicle, including employees who have been given a car allowance in lieu of a company car. You can choose to pay the entire cost of the vehicle in regular monthly installments or pay lower monthly installments with a final payment based on anticipated resale value. Optional road tax, maintenance, warranty and breakdown packages are also available

4. Personal Contract Puchase

Business
Option to Purchase the vehicle or simply hand back and walk away.

• No depreciation risks or disposal problems
• Full ownership of the vehicle if you choose to purchase
• Appears as an asset on the balance sheet

Personal
Option to Purchase or simply walk away.

• You are covered for any loss in value of the vehicle
• Full ownership of the vehicle if you choose to purchase
• Optional road tax, maintenance, warranty and / or breakdown packages

5. Personal Contract Hire

You may pay fixed rentals and then hand back the vehicle.

• Ideal if you plan to upgrade to a different vehicle at the end of the contract
• No worry about selling the car at the end of the contract
• No risk of potential loss in value
• Road Tax is included for the duration of the contract
• You can build in optional maintenance, warranty and / or breakdown packages