
Arranging Finance
We will be pleased to provide our most competive quotation for your Hire Purchace or Finance Lease requirements and are approved dealers for most finance companies. Alternatively you may choose to use your own Finance company whom we will be pleased to invoice directly.
Hire
Purchase
Hire Purchase requires a minimum deposit of just VAT on
the purchase price, followed by 24, 36 or 48 equal monthly payments.
For Tax purposes, the vehicle can be currently written down by 50% in
the first year and 25 % per year thereafter on the reducing balance.
Finance Lease
Lease Hire offers a typical profile of 3+36 or 3+48 rentals, 3 rentals as
deposit followed by 36 or 48 equal monthly payments. VAT is paid on
each payment. Because Lease Hire is a 'rental'. At the end of the Lease
you can choose to pay secondary rentals, or sell the vehicle to an approved
dealer and retain approx 95% of the sales proceeds. 100% of each rental
can currently be set against tax.