• Commercials
• Ford
• Mazda

Funding options

Contract Hire

Contract Hire is a simple and straight forward facility to businesses offering fixed rentals making budget planning easier. With this VAT beneficial package, one regular rental 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 charged to the rental payments.

Leasing

Leasing is ideal for VAT registered companies who want handle the administration of their vehicles and have the asset shown on their balance sheet. 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 an anticipated resale value of the vehicle.

Contract Purchase

Ideal for companies with high value cars that 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.

Personal Contract Purchase (PCP)

Ideal for personal users who would like a low deposit and low monthly instalments. A PCP gives the customer security from any deprecation risk but also gives them the option to purchase the vehicle at the end of the term if required.

Lease Purchase

For non-VAT registered companies who want eventual ownership of the vehicle. A funding agreement where the company acquires ownership when all the payments, including the option to purchase 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 value of the vehicle at the end of the agreed leasing period.