An Introduction to Business Contract Purchase
Contract Purchase is a vehicle funding method by which a business will pay fixed monthly rentals on a brand-new vehicle, over a period of between 2 and 5 years, with a view to purchasing the vehicle at the end of the contract.
The benefit of this is that the vehicle appears on the balance sheet, allowing you to claim capital allowances, but you also get numerous accounting and operational advantages including fixed monthly payments for easy budgeting, less admin as a result of working with a fleet leasing partner, and recovery of VAT on the finance rental.
Flexible Packages
Cater your agreement to the needs of your business, with flexible payment plans.
Reduced Administration
Our dedicated team can take care of any administration related to your vehicle.
Productivity
From maintenance and breakdowns to end-of-lease collection, we will help minimise downtime and reduce your costs.
Optional Purchase
At the end of the agreement, you are able to purchase the vehicle, giving you greater choice on what to do next.
