 |
 |
|
|
 For your personal vehicle quotation please call 0845 094 0382 |
|
|
CONTRACT HIRE The most popular for VAT-registered and non VAT-registered companies that want minimum outlay and maximum control of costs, especially when the maintenance and relief vehicle options are included. With this VAT-beneficial financing package, one regular payment covers all risks, including costs of depreciation and disposal, for an agreed period of time and mileage. Road Fund Licence is included, but roadside rescue, maintenance and relief vehicle provision are options that can be added and changed to the monthly rental. The Benefits of Contract Hire:
Ideal for VAT-registered companies who want to handle the administration of their vehicles, and have the asset shown on their balance sheet. A VAT-beneficial option where the hirer can choose to pay the entire cost over the agreed lease period, plus an interest charge, or pay lower monthly rentals during the lease period with a final payment based on the anticipated resale value of the vehicle. The benefits of Finance Lease are:
For companies with high-value cars who would like the option to purchase the vehicles, but don’t want any depreciation risks. The customer acquires the vehicle by paying fixed monthly instalments with the asset being shown on the company balance sheet, and can either retain ownership at the end of the contract or hand the vehicle back. The benefits of Contract Purchase:
For non-VAT-registered companies that want eventual ownership of the vehicle. A funding agreement where the company acquires ownership when all payments, including the purchase payment have been made. Part of the capital cost of the vehicle payment may be deferred into a Balloon Payment at the end of the agreement, which equates to the anticipated market value of the vehicle at the end of the agreed leasing period. The benefits of Lease Purchase:
For companies wishing to retain the use of their vehicles, yet generate capital from their sale, whilst transferring to a VAT-beneficial funding method. If a company currently owns it’s vehicles, this option means the finance company will purchase the vehicles for an agreed price and lease them back using either Contract Hire or Finance Lease, according to customer preference. Turning company cars into company cash! The benefits of Sale and Leaseback:
Personal Contract Hire delivers all the benefits of a company car to the private individual. Personal Contract Hire gives the user a fixed monthly rental for a fixed contract term. At the end of the contract term you hand the car back to the finance company, with no need to sell the vehicle privately or worry about it’s value. The benefits of Personal Contract Hire:
For private individuals who want a hassle free and cost effective way to finance and maintain a vehicle. Consultation and assessment of your requirements may reveal that personal leasing is the ideal financing solution for you business and personal needs. The finance company allows you to enjoy significant tax advantages and a choice of a new or nearly new vehicle every 2 or 3 years in return for a fixed monthly charge that is easy to budget for, as well as an all-inclusive (optional) maintenance and breakdown service. The benefits of Personal Contract Purchase:
You enter into an agreement over a fixed period at a fixed instalment. Upon payment of the final instalment the vehicle becomes yours. A balloon payment can be incorporated as can low deposits. The benefits of Hire Purchase:
CAR TAXATION Tax liabilities can vary according to your personal circumstances. For more detail you can contact The Inland Revenue Contact Centre on 0845 300 3939, or visit their web site at http://www.inlandrevenue.gov.uk
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Car Leasing Information 