Hire Purchase

Hire Purchase has been designed to mirror the benefits of contract purchase and is primarily for those organizations that want to maintain all of the features of contract hire but either have the desire to fund vehicles on balance sheet and/or have VAT restrictions. Check out all the benefits of Hire Purchase and see how you can benefit from financing your next car:

Low Deposit
Hire Purchase agreements can be set up with a low initial deposit, helping you into a new car more easily, without having to find thousands of pounds to put down.

Improved Cash Flow
Paying a monthly rental, rather than a large lump sum, allows you to put that money into other areas of your practice. As the rentals are fixed, you are protected from rate increase.

Reduced Administration
Service and Maintenance can be included in the contract, meaning no nasty surprises. Road Fund License is included for the duration of your contract, avoiding the queues at the tax office. We can also arrange replacement cover and accident management for added peace of mind.

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