All the leasing offers shown on our website are based on personal contract hire leases or contract hire leases. Subject to conditions we are able to offer the following finance packages to enchance your leasing flexibility.

Please contact us to discuss your individual requirements.

Personal Contract Purchase
Personal contract purchase is a method of funding where an individual leases a vehicle for a set period at a fixed monthly charge.

At the end of the contract, there is an optional balloon payment which the individual can pay to buy the vehicle otherwise they can choose to return the vehicle with nothing further to pay. The monthly charge is governed by the initial cost of the vehicle, the mileage covered, the period of the agreement and the estimated value of the vehicle at the end of the contract.

In addition, features ranging from basic servicing to total vehicle management packages can be included if required.

Personal Contract Hire
Personal contract hire, as its name suggests, is essentially the same as contract hire but for private individuals. If you want fixed cost motoring, or have opted out of a company car scheme then personal contract hire could provide you with hassle free motoring without the residual value risks associated with traditional ownership.
VAT is built into the monthly payments, but is not reclaimable by private individuals. Maintenance packages are usually available.

Contract Hire
Contract hire is the leasing of a vehicle, normally to a vat registered business or company, for a set time and mileage at a fixed monthly rental. The monthly rental is determined by the cost of the vehicle, the period and mileage covered as well as the resultant depreciation. Maintenance packages are often included within contract hire agreements, but are not obligatory.

Hire Purchase
Hire purchase is the traditional method of financing a vehicle with the vehicle becoming the property of the lessee at the end of the period. The monthly payment is determined by the amount of advance rental paid, the period of the contract and the sale price of the vehicle.

Lease Purchase
Lease purchase is a method of financing a vehicle, normally for VAT registered businesses or companies. The monthly rental is determined by the cost of the vehicle, the period and the estimated future value of the vehicle which is based on the proposed annual mileage. A payment equivalent to the estimated future value is payable at the end of the contract, when the vehicle becomes the property of the lessee. Maintenance packages are often available, if required. Lease purchase is a cheaper monthly alternative to hire purchase, the traditional method of financing, and is written on a hire purchase agreement with the protections afforded by the consumer credit act

Finance Lease
Finance Lease is a vat free method of financing a vehicle, normally for vat registered businesses or companies. The monthly rental is determined by the cost of the vehicle, the period and the estimated future value of the vehicle which is based on the proposed annual mileage. A payment equivalent to the estimated future value is payable at the end of the contract. At the end of the contract period, the vehicle is sold and the proceeds returned to the Lessee. Maintenance packages are often available, if required.

Sale and Leaseback
Sale and leaseback can be used where your company already owns its own vehicles. Your fleet of vehicles could be purchased at an agreed realistic market value and then leased back to you through the funding method of your choice. This method removes any residual value risk for your company and would enable a cash injection into your business thus increasing your working capital.