Contract Hire
A popular choice for VAT-registered companies that want minimum outlay and maximum control of costs, especially when the maintenance and the relief vehicle options are included.

With this VAT-beneficial financing package, one regular rental payment covers all risks, including costs and depreciation and disposal, for an agreed period of time and mileage. Road Fund License is included, but maintenance, relief vehicle provision and road side rescue are options that can be added and charged to the rental payment.

Finance Lease
Ideal for VAT-registered companies who want to handle the administration of their vehicles, and have the asset shown on their balance sheet.

A VAT-beneficial finance option where the hirer can choose to pay the entire cost over the agreed lease period, plus an interest charge, or pay lower monthly rentals during the lease period with a final payment based on the anticipated resale value of the vehicle.

Contract Purchase
For companies with high-value cars who would like to purchase the vehicles, but don't want the depreciation risks.

The customer acquires the vehicle by paying fixed monthly installments 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 benefits of savings on maintenance and relief vehicles, and comes with road fund license and optional Dial Rescue cover.

Lease Purchase
For non-VAT-registered companies that want eventual ownership of the vehicle.

A funding agreement where the company acquires ownership when all the payments, including the option to purchase, have been made. Part of the capital cost of the vehicle payment may be deferred into a "balloon" payment at the end of the agreement, which equates to the anticipated market value of the vehicle at the end of the agreed leasing period.

Purchase and Leaseback
For companies wishing to retain the use of their vehicles, yet generate capital from their sale, whilst transferring to a VAT-beneficial funding method.

If a company currently owns its vehicles, this option means we will purchase the vehicles for an agreed price and lease them back using either contract hire or finance lease, according to customer preference.

Drivewise - Personal Leasing
For private individuals who want a hassle-free and cost-effective way to finance and maintain a vehicle.

Consultation and assessment of your requirements may reveal that Drivewise - our personal leasing product - is the ideal vehicle financing solution for your business and personal needs. Drivewise allows you to enjoy significant tax advantages and a choice of new or used vehicle every two or three years in return for a fixed monthly charge that is easy to budget for, as well as an all-inclusive (optional) maintenance and breakdown package.

*** GAP insurance covers the short-fall between the write-off and value at time loss.

** Road fund license is provided for the first year only.

* Only 50% of the VAT relating to the finance element is recoverable if private use. 100% if only business use. 100% of the service element VAT (on contract hire only) is recoverable if business use.

++ Optional

+ At end of contract with financing options.