Choosing your funding method
Choosing your funding method
To assist with your purchase, we have a wide choice of financial options for you to choose from.
leasing
- Fixed motoring costs
- Budgets tightly controlled
- Monthly, quarterly or annual payment options
- Peace of mind with a full maintenance package
- VAT registered can reclaim 100% of the VAT
- Off balance sheet funding
- Low initial down payment
- No depreciation or vehicle disposal costs
lease purchase/hp
- Retain ownership of the vehicle
- Not tied to mileage restrictions
- Fixed interest rates for the contract period
- Shown as fixed asset on balance sheet
- Early settlement can be made within contract period
outright purchase
- Full control over the purchasing process
- Retain any profit where the residual value is higher than expected
- Flexibility over when you choose to dispose of the vehicle
- Vehicles purchased using surplus cash are likely to be cheaper than using external finance
1 At the end of contract with financing products. 2 Optional. 3 Only 50% of the VAT relating to the finance element is recoverable if private use. 100% of the service element VAT (on contract hire only) is recoverable if business use. 4 Road fund license is provided for the first year only. 5 Manufacturer only.