The most popular method by far is Contract Hire. However, we can also provide Contract Purchase agreements.
- Ease of administration by outsourcing many of the day-to-day admin tasks
- Ability to budget through fixed monthly rentals, improving cash flow
- Leasing allowance and VAT efficiencies unique to contract hire and leasing for applicable organisations
- Off balance sheet funding removes vehicles from balance sheet if applicable to your organisation
- Releases working capital which can be used for other projects or requirements
- Elimination of financial, maintenance and residual risk
- Repairs and maintenance carried out at your site by our qualified engineers
Organisations who want to own their vehicles, but want to avoid the risk of depreciating assets, sometimes prefer this option.
- Similar benefits to contract hire regarding fixed payments and flexible terms.
- Maintenance and added value services can be included.
- We guarantee the resale value of the vehicle at the end of the contract purchase agreement for a known, fixed amount.
- Ownership passes to the customer at the end of the agreement when all payments have been made.
For more information please call us on 01480 240444.