Finance Options Made Easy
Hire Purchase
This ususally requires a 10% deposit plus all the VAT with the balance spread over 24, 36 or 48 months.
Tax write down allowance has been as generous as 50% to encourage business owners to invest in their businesses.
Please check with your accountant for current write down rates.
Finance Lease
This offers 100% write down on each rental and the deposit can be lower as the cost of the vehicle.
VAT and interest are essentially added together and split into three initial payments followed by 35 monthly payments or a 4 x 47 profile.
However it should be noted that the leasing company retains title and owns the vehicle after the last payment.
Please contact us for further details.
