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Business Leasing

Business Contract Hire

This is “fixed cost motoring” where you make a monthly payment, with or without a maintenance facility. The leasing company owns the vehicle, and at the end of the agreed period you hand the vehicle back. You also have the option to extend the contract, dependent on the age and mileage. In certain circumstances, your nominated driver may be able to purchase the vehicle.

Hire purchase

Each month you pay part of the value of the vehicle you’re leasing, then once you’ve paid the full price plus interest it’s yours.

Finance Lease

You lease the vehicle for a set monthly rental and term, then at the end of the lease it’s sold and you receive all the sales proceeds.

Finance Lease with a Balloon

A VAT-efficient way of funding a vehicle that enables you to keep monthly payments low. The balloon is a lump sum payment due at the end of the contract that you settle using the sale proceeds from the vehicle, when it’s sold,

Full Maintenance Contract

A contract where the servicing, maintenance, tyres, breakdown recovery, etc. are all covered by one monthly payment.