Types of car leasing for both business and personal customers...

This type of Finance Lease is very similar to Contract Hire with one very important difference - the customer bears the risk of depreciation not the Leasing Company. The monthly payments are fixed for a predetermined length of time 2,3,4 or 5 years and reflect the anticipated total mileage. Again the customer only pays for depreciation and interest not the whole value. At the end of the agreement instead of handing back the vehicle as is the case with Contract Hire, the customer has to make a final payment which is set at the beginning of the contract and reflects the vehicles anticipated value. The customer then sells the vehicle and keeps any profit but has to accept any loss. This type of Lease is popular with vans and light commercials particularly where the vehicle may be subjected to harsher treatment or uncertainty over the anticipated total mileage.

• Fixed Cost – Monthly payments are fixed for the contract period
• Minimised Cash Flow - As you are only paying for what you use then cash outflow is kept to a minimum
• Tax Efficient – Rentals for cars with a CO2 of less than 160g/km and light commercial vehicles are 100% allowable for tax purposes. Cars above 160g/km 85% of the rental is allowable.
• Time Efficient – Removes all the hassles associated with buying, selling and maintaining a vehicle.
• Buying Power – We have tremendous buying terms with many manufacturers which are passed on to you and are reflected in the much reduced monthly payments you make.

– as above except the whole value of the vehicle is paid for in the monthly payments not just depreciation. At the end of the contract the vehicle is sold and the customer keeps the sale proceeds. Again this is popular with vans and light commercials particularly where the vehicle is going to be subjected to very harsh operating conditions or the mileage is difficult to predetermine.

• Fixed Cost – Monthly payments are fixed for the contract period
• Tax Efficient – Rentals for cars with a CO2 of less than 160g/km and all light commercial vehicles are 100% allowable for tax purposes. Cars above 160g/km 85% of the rental is allowable.
• Buying Power – We have tremendous buying terms with many manufacturers which are passed on to you and are reflected in the much reduced monthly payments you make.