This is the traditional and most frequently chosen option for purchasing a vehicle.

Hire Purchase offers, subject to status, a range of deposits from as little as £99 and range of payment periods from 12 to 60 months.

At the end of the period you own the vehicle outright, however you can settle the agreement in full at any point during the term.

Benefits     » Fixed rate of interest.
    » Inflation proof payment.
    » Available for both new and used vehicles.
    » Outright ownership at end of agreement.
    » Payments not subject to VAT.
    » Vehicles normally shown as an asset on your balance sheet.
    » Interest allowable against tax.
    » Writing down allowances claimable.
    » Discounted cash flow benefits.

Taxation, legislation & accounting practices are subject to change & current business allowances can be changed at any time. For specific guidance it may be advisable to consult your accountant or financial advisor.

The above points are guidelines, therefore should you require additional assistance or a bespoke quotation please do not hesitate to contact us.