HIRE PURCHASE
A simple finance solution giving you the benefits of ownership without the capital outlay. You pay a deposit, then fixed monthly payments over a period that suits. Interest charges are allowable against tax and you can reclaim the VAT at the start of the agreement. The vehicle will appear as an asset on your balance sheet and you will own it once all the payments have been made.
HIRE PURCHASE EXPLAINED
KEY FEATURES
FLEXIBLE PURCHASE PRODUCTS
PRODUCT COMPARISON
HIRE PURCHASE EXPLAINED
KEY FEATURES
Key Features
You own the vehicle
Fixed payments
A flexible deposit and repayment programme
Shows the vehicle as an asset on your balance sheet
Accurate budgeting
VAT fully reclaimable
Tax-writing down allowances available
Interest charges allowable against tax
Balloon payments available
FLEXIBLE PURCHASE PRODUCTS
PRODUCT COMPARISON
