Contract Hire
This is the ideal solution for companies wishing to concentrate on their core business activities and avoid the financial risk and administrative burden of owning their car and van fleet.
Key features and benefits include:
* Fixed rentals for the whole contract, making budget planning easier
* Flexible terms to meet your requirements with variable duration and mileage terms
* Maintenance can be included in monthly rentals
* Contract hire is an operating lease which means the vehicles are not shown on the balance sheet of the company
To find out more about our Contract Hire Offers (link – Home Page) - call Allied Vehicle Contracts now.
Personal Contract Hire
This is an ideal solution for private individuals who wish to run the car for a set period, financing only the depreciation and cost of money and not wishing to buy the vehicle.
Key features and benefits include:
*Fixed rentals for the whole contract, making budget planning easier
*Flexible terms to meet individual requirements with variable duration and mileage terms
*Maintenance can be included in monthly rentals
To find out more about our Personal Contract Hire (PCH) Offers call Allied Vehicle Contracts now.
Contract Purchase
This method is suited to Companies preferring to own their vehicles, but wanting to avoid the risk of depreciation.
Key features and benefits include:
*Similar benefits to contract hire with regard to fixed payments and flexible terms
*Maintenance and added value services can be included
*The finance company guarantees the resale value of the vehicle at the end of the
Contract Purchase agreement for a known, fixed amount
*Ownership passes to the customer at the end of the agreement when all payments
Including the final optional guaranteed future value payment have been made
To find out more about Contract Purchase call Allied Vehicle Contracts now.
Personal Contract Purchase
A conditional sale, contract purchase agreement which includes an option to purchase the vehicle at the end of the primary contract lease period, or to simply hand it back at the provider.
*Optional maintenance can be taken.
*Finance payments are not subject to VAT. If the optional service package is taken,
VAT is payable on the service costs.
To find out more about Personal Contract Purchase (PCP) - call Allied Vehicle Contracts.
Finance Lease
Finance Lease is a tax efficient option where you choose to pay either the entire cost of the vehicle, including interest charges, over an agreed lease period or opt to pay lower monthly rentals with a final ‘balloon’ or residual payment based on the anticipated resale value of the vehicle.
At the outset of the contract, usage parameters for the vehicle are agreed and monthly rentals and yield rates are fixed for the duration of the contract. Therefore you benefit by having a fixed monthly outgoing but do take on the administration and maintenance risks. A maintenance package can be supplied at separate additional charge and the lessee takes responsibility for the resale and disposal of the vehicle, the sale proceeds often being used to settle any outstanding ‘balloon’ rental.
To find out more about Finance Lease options – call Allied Vehicle Contracts now.
Lease Purchase (HP)
Lease Purchase is an agreement designed to offer dedicated vehicle funding where the customer wishes to purchase the vehicle. It is purely a finance package, and does not include maintenance or other added-value services (such as those available on a Contract Purchase agreement).
The customer is liable for the full value of the vehicle and has no option to return it at the end of the agreement. Monthly payments are not subject to VAT.
The vehicle is registered to you, and if taken by a business, the vehicle will appear on the balance sheet. Company tax allowances are recovered through writing down allowances.
To find out more about Lease Purchase - call Allied Vehicle Contracts now. |
