Contract Purchase

For companies with high value cars who would like the option to purchase the vehicles but don’t want any depreciation risks.

You acquire 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. Contract purchase has the added benefit of savings on maintenance and relief vehicles and come with full AA/RAC breakdown cover and road fund licence.

Contract Purchase gives your business:

• Accurate monthly budgeting
  
• Improved cash flow
  
• Minimum capital expenditure
  
• Fixed interest rate
  
• Capital allowances available
  
• Ownership of vehicle
  
• No depreciation risk
  
  Vehicle Running Requirements
  
  
• No vehicle disposal problems
  
• Reduced administration
  
• On-going advice / support
  
• Fixed interest rate
  
• Road Fund Licence provided
  
• Breakdown rescue cover
  
• Replacement vehicle in case of breakdown
  
• Fixed charge maintenance
  
• VAT chargeable on services
  
• VAT recoverable on services

We are happy to advise on the suitability of this finance option with respect to your particular requirements.
Please email us for more information.