Range Of Three Vehicles

Business Contract Purchase

Business Contract Purchase is a flexible means of funding your fleet that gives you the opportunity to own the vehicle

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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.