Finance

Yes. With hire purchase, the deposit can be as low as VAT only. With leasing, the deposit is typically from one month.

Yes. The VAT payment (20%) can be deferred for up to three months. The total VAT payment is then taken with third month payment. This means you may be able to reclaim the full VAT amount before the VAT payment becomes due.

Yes. If you are buying more than one vehicle, we may be able to structure the finance agreement so that you make one single direct debit payment per month.

Leasing is the option for you

Hire purchase is the best option for you, because of the flexibility it allows. With hire purchase, the VAT payment (20%) can be deferred for up to three months. The total VAT payment is then taken with third month payment. This means you may be able to reclaim the full VAT amount before the VAT payment becomes due. You can opt for leasing, where the VAT is added to each monthly payment, allowing you to reclaim the VAT paid on a monthly or quarterly basis according to the tax system you use.

Hire purchase is the option if you wish to pay off the finance earlier than the contracted term.

Yes, you can if you choose hire purchase: at the end of the term, you automatically take ownership of the vehicle. During the term, the vehicle is seen as ‘on book’ for accounting purposes with write down allowances for tax purposes.

We have lenders who will consider allowing an extension to the age of a used vehicle. Contact us for more information.

Yes. We can look to arrange finance in readiness for you to ensure you don’t miss out.