Car and Van Hire Purchase (UK & imports).

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Hire purchase is a very simple and popular way of purchasing a vehicle, with excellent tax advantages for business users (sole traders, partnerships or limited companies).

If you wish to own the vehicle after the agreement ends, this is the best finance option for you to choose.

The deposit required is usually a minimal amount with the balance on finance repayable by fixed monthly payments, which includes fixed rates of interest payable which cannot be increased after the agreement has commenced.

Business users may be able to claim tax relief on the interest charged. Also because the vehicle will be classed as asset in the audited accounts, it will be possible to write it down by 25% (or £3000 maximum) per year.

The term of the agreement is usually 1 to 5 years.

Repayments are usually monthly by direct debit or standing order.

The commencement date of the first payment is usually one month after the agreement commenced.

The amount financed can be minimum £2000 to a maximum of £100,000.

To apply now please click HERE.