Finance

We work in partnership with the following contract hire and leasing companies:

• Arval who are owned by BNP Paribas.
• Network Vehicles who are owned by Leaseplan, the largest leasing company in the world.
• Pendragon Contracts who are owned by the UK’s largest dealer group.

For our customers’ benefit we will also utilise the manufacturer’s own contract hire and leasing company where we have managed to negotiate a special discounted rate.

The solution for companies who want to concentrate on their core business activities, while avoiding the financial risk and administrative burden of owning their vehicle fleet.

Key features and benefits of Contract hire:

• Fixed rentals for the whole package, making budget planning with contract hire easier.
• Flexible contract hire terms to meet your requirements with variable duration and mileage terms
• Maintenance of contract hire vehicles can be included in monthly rentals, and so spread the cost
• Contract hire removes depreciating assets from the balance sheet and the associated risks of owning vehicles
• Contract hire offers flexible invoice arrangements help to considerably reduce administration

You can run your own Contract Hire quote on this website.

The ideal solution for a private individual who wants to have all the benefits of business contract hire but wants to avoid paying benefit in kind taxation.

Key features and benefits of Personal Contract Hire:

• Fixed rentals for the whole package
• Flexible contract hire terms to meet your requirements with variable duration and mileage terms
• Maintenance of contract hire vehicles can be included in monthly rentals, and so spread the cost
• Contract hire removes the depreciation risks of owning vehicles

You can run your own Personal Contract Hire quote on this website.

Suits private individuals who want to own their vehicles, but want to avoid the risk of depreciating assets.

Key features and benefits of Personal Contract Purchase:

• PCP has similar benefits to contract hire regarding fixed payments and flexible terms
• Maintenance and added value services can be included in the PCP agreements
• The finance company will guarantee the resale value of the vehicle at the end of the PCP agreement for a known, fixed amount
• The customer can simply hand the vehicle back at the end of the agreement without having to pay the final payment
• Ownership passes to the customer at the end of the PCP agreement when all payments have been made

This facility provides the customer with the benefits of ownership with minimum deposit and maximum flexibility. Deposits are usually the equivalent of three rentals but can be any amount whatsoever Repayment period of up to 60 months.

VAT is paid on the payments, then claimed back quarterly (if VAT registered).

Facility can have a balloon profile, which defers a large payment to the end of the contract - thus reducing monthly rental and aiding cashflow.

Vehicle sold or part-exchanged at end of the agreement and the hirer benefits from 95% of the sales proceeds (ex. VAT).

Ideal for non VAT registered and VAT registered business users looking for low initial deposit and maximum flexibility.